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What is the most important thing that a new investor needs to know about investing in Low income areas?
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Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
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Hi All,As I continue to try and sharpen my RE game, I am going to solicit feedback on how people handle prospective tenants and the application process.Here's what I do, and I'm wondering if there is a better way:Pros...
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I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
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Hi
I recently became highly interested in becoming an investor, as it seems an attractive retirement plan. After reading a few books (one of them being "Rich Dad Poor Dad" ofcourse) the idea of switching to a job to l...
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Hey everyone.When buying a 4-plex, or any investment property for that matter, what is the best way to “own” it for tax advantages/purposes? Should it be an LLC? Or perhaps another business account? Maybe a trust? Als...
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Hard Money Lender Expectations as a Newer Investor Like shopping for cell phones, finding the right Hard Money Lender (HML) can be quite perplexing. With all details in hand, there still never seems to be a true appl...
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I do some investing for some money guys, and they are looking to get into PR. They already setup some shop in order to save on taxes, but they haven't dug into real estate as of yet.I am heading down there next week a...
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Hey everyone. As most of you probably know they are allowing you to take from your IRA up to 100K and pay it back over 3 years with no 10% penalty. If you don't pay it back, you just pay taxes on it. Of course I am...
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Looking at a property that has a septic system.Is this something that I want to stay away from?Or, as long as the inspection checks out, is it something that is easily managed and won't cause a lot of headache in the ...