Mike Wilcher Jr
Could use some helpful advice and tips
Great morning,
My wife and I are in the market for a STR in the Florida area. We currently live in our primary in CT and considered going the DSCR route but given our zero experience, we were told that wouldn't be a ...
Greg Weik
Why aren't Section 8 funds paid directly to the tenant?
I posted this on FB also, but I think it was a TL;DR situation, and/or no one really wanted to "go there." :)
If housing assistance, such as Section 8 is designed to help tenants, why not give them the funds direc...
Mason Aulsbrook
Trouble finding properties
I’m fairly new to the Real Estate side. I currently buy and sell mineral rights in Oil and Gas so somewhat similar. I cannot seem to find decent deals in my area for rentals or flips and I’m unsure if it’s me due to l...
Becky Farnsworth
How to get a good deal on the MLS in a hot market
Hello! I am just wondering how you find your good deals on the MLS. I always thought there are only 2 ways: 1) you jump on a good deal the second it hits the market and have an offer in within 24 hours or 2) you off...
Usman U.
Buying my existing investment property with self-directed IRA
Hello all,I've been reviewing these forums and have been doing a lot of thinking of paying off my existing investment property with my 401k funds.Current State:1. Investment property has 150k mortgage left. Valued aro...
Kerrel Gomes
Buying rentals in Fayetteville and Raleigh-Durham NC
How has the current situation and lockdown changed your investment strategies? With the market temporarily down due to COVID-19 lockdown, what cap rate are you searching for? Level of rehab? Areas? It seems like a lot...
Syrica Brown
LLC question - OTC properties (tax certificate)
I have a couple of properties OTC and currently have the tax lien certificate. I've been getting advice that I need to setup an LLC for asset protection. I am not sure of the purpose or if this would be beneficial for...
Kevin Suttles
New Member
Hello, a little bit about myself just bought a house in North Jersey and currently living with roommates, I'm planning my next invest in the next few years and just trying to learn as much as I can. Hopefully bigger ...
Gustus Pederson
New Member - Minneapolis, MN
Hello everyone! I am 23 years old and currently a manufacturing engineer living in the Minneapolis area looking to get started in real estate investing. I graduated from UW-Stout in the spring of 2015 and some of my ...
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
Hello,If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?It is my understanding that the new owner will have the house at the cost basis of...