Adam Mangrum
Seeking honest feedback on my plans to prepare to start investing
Hi everyone! I'm not sure which place would be best to post this so I'm posting this here and in the introduction section (this is my first post). I apologize for the length but I wanted to give a lot of background to...
Chris Low
How did YOU prepare to become an out-of-state investor?
We're getting ready to invest outside our home base market and have been looking at college towns out of state, primarily at the multi-family market for by-and-hold investing. If you're an out-of-state investor, I'd b...
Bruce D. Kowal
Can I rely upon my tax preparer to avoid IRS penalties?
IRS is not shy about disputing claims to Real Estate Professional status. It's an easy desk audit for IRS. They query Schedule E losses. And if IRS challenges your claim to be a Real Estate Professional they will s...
David Garner
When the plan isn't the plan anymore, be prepared to pivot
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $22,000
Another buy/hold long term rental. We originally intended this to be a rent to own property, but the house/stre...
Julie Croegaert
Preparing for an appraisal / rental survey of a short term rental
I am in the process of purchasing a vacation/lake house (ie short term rental) with a self directed IRA and non-recourse loan. I'm preparing for the appraisal, which is based on the property's ability to cash flow, a...
Greg Georges
New real estate license, need preparation and learning tips and resources
Hello all!I just passed my real estate exam last week, and did so mostly because I am a real estate investor here in west Florida and wanted to represent myself in future transactions. However, I also see this as a gr...
Marcos Urvina
How to prepare for architect to provide design and submit plans
Hello all, I plan on building a 300 sq ft Adu studio in my backyard, I live in Los Angeles south bay area. I plan on hiring an architect or structural engineer to submit plans. Any advice on how to prepare for the ini...
Frankie Lotrec
what 's the best way to prepare as a "landlord?"/investor?
Help!! I've put an offer on my first real estate investment ever: a multifamily home. Pending inspection, I may have it by end of June. I've been reading and listening to podcasts but feel like I should be "traine...
Mishelle Osorio
How are you preparing yourself for the unknown future? and BRRRR
How are you preparing for the unknown future? if you do the BRRRR strategy, how are you analyzing your deal to make sure it makes sense no matter what can happen?
Mike M.
Seeking CPA or tax preparer who knows residential real estate law
I am looking for a CPA or tax professional who is familiar with real estate tax laws including changes since the Tax Cuts & Jobs Act of 2017. My current tax preparer is not well versed in changes since 2017. I am ...