I'm not too new to REI, i have bought a few houses that i have lived in and then sold. I also had a friend I helped into a house once. I bought it then leased it to him for a year. Overall i made a little over $10k do...
Is there a such thing as paying someone a fee to set up a real estate investment portfolio? Not just a mentor, something much more robust than that. I promise you - I'm not lazy :-)!! Far from it. It is just that the...
I've been thinking of investing in a multifamily for about 3 years now and finally taking action. We've been pre-approved but running into confusion on the best option going forward. Background: We currently live in a...
Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...
Has anyone dealt with PenFed FCU in regards to a line of credit on an investment property? They just denied me because they said my properties are showing a loss on my tax return and can’t use my rental income to off ...
Hi I'm looking for some advice / second opinion on if I should buy this property. I'm leaning towards an answer but curious to hear outsider thoughts.
I currently own a property with a 1200sqft (1925 built but redone...
Can someone please help me understand cap rates? For some reason I can't wrap my head around it. I understand the mathematical equation... that's easy enough. Cap = NOI / Property Value. NOI is pretty straight for...
Good afternoon from the south west,My name is Pedro, I am an Army Vet., I wanted to use my VA loan as leverage to kick off my career in real estate investing. However, I came across a property near my house and it is ...
I've started my first BRRRR but nervous to refinance with the current rates. Is it wise to refinance and get the next deal with the current intererst rates and market environment? I'm cash flowing nice right now wit...
Hi everyone. First time on the forum. I'm in Colorado Springs, CO. I've been renting since my divorce. Decided in March 2020 it was time to buy...rough year. After getting outbid by cash offers 6 or 8 times, I finally...