I have decided to post this in the success stories section of our community based on the fact that I am leaving myself no choice but to achieve it. If there is anything I’ve learned from these boards, its that there i...
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It's that time for me to leave my current job in IT for a huge company and pursue my passion: real estate. While working on my investing company on the side, I want to gain relevant experience in the industry through ...
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Does one need to have a real estate license to access that info readily. Obviously, I use the real estate apps...but they tend to not list a price that a property sold for.
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I am working on a 1031 exchange. I sold my condo and get around $250k proceed, what if I put some $50k cash in, and then buy a $300k property full cash. After closing, then I do a cash-out refinance to get $150k back?...
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My tenant has been living with an on and off leak for a month now. The problem is that my unit is on the first floor of a condominium complex (apartment building). It leaks right on to her toilet from the ceiling s...
I acknowledge that this question has surfaced multiple times on this forum, but given the current interest rates, there might be some variations in the situation.
Our intention is to acquire a new property for an upg...
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Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
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Hi everyone! Looking to hire a professional to help with my taxes this year, i've always done them myself but fear I'm leaving money on the table. I have a w-2 income and own three properties, all long term rentals, t...
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This is not about the recent changes in the forums.I get a kick out of the following types of posts. I've changed the details, to protect the guilty.1. I'm 8 years old and what should I do to start in Real Estate?2....
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In the last 12 months, I purchased my first 2 investment properties. One tenant occupied, and one Airbnb. Both are single family properties. Here are the numbers.
Property #1
- 3br Single family
- Purchase price: ...