Hello EveryoneFirst of all, very excited to be here. This is amazing place with tons of info, (also a bit overwhelming), so just wanted to say thank you all. Week and a half ago I decided to become an RE agent, so I s...

Hi everyone, my name is Archie. Im new to REI and I have many questions and super excited to begin this new journey. I was looking for advice on how to fund a property using the BRRRR method? I have 40k in a 401k. To ...

Hi,I currently own a 4 unit building and lived in one of the units until April of 2018. In November of 2016, I refinanced into a fixed 30 year loan (at a fantastic rate), with the requirement that the property would b...

I'm actively looking for properties and find a good amount of deals, some I keep, some i'd rather wholesale. What are your methods/techiniques used for building a buyers list that you wholesale to?

Hi Everyone!I have been someone who has actively used the conventional method to buy my real estate investment properties for long term rentals. Now I am looking at converting one of them to a short term rental and th...

I have a foreign rental property that's been in service since 2013. I recently found out I could claim depreciation for it. I contacted a CPA and he said I would need to amend my forms from 2015 on since that's within...

If you own a SFR without debt and REFI the property to cash out the equity then use the cash to invest in a syndication or buy another rental, is the interest on the loan collateralized by the SFR a tax-deductable exp...

I'm a new investor based in Dallas, Texas, currently working in IT and heavily invested in stocks. I'm keen to diversify my portfolio by venturing into real estate. Having read extensively on the subject and listened ...

I understand that for a Fannie Mae conventional loan, if you don't have tax returns for a rental, most lenders will count 75% of your rent as income and the full PITI as your debt.  The part where I'm not clear on is ...

What is flipping houses?

Let’s start with the basics to make sure we are on the same page about what “house flipping” is.
Essentially “house flipping” or “flipping houses” means you are buying a house and selling ...