If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Hello all, my name is Bryan & this is a short post about my 1st flip success story (pending closing).I decided just over 1 yr ago that I was going to become a real estate investor more actively. I had already be...
Hi, I am a complete toddler when it comes to investing and buying a house in general…Just learned what refinancing was a couple months ago. (I am 20 yrs old) Investing has always been an interest of mine and after a c...
I've owned a duplex since 2006, and partnered on a single family buy/hold rehab last year. I've become determined more than ever to make REI my full time endeavor, have been saddled by analysis paralysis and money fe...
Hey everyone!I recently got my first rental property fully occupied as of March 1st! This is great news but hold the applause...just 2 days after the tenants moved in, I got a call from my property manager that the f...
I'm interested in REI as a long-term passive income for my family. (Computer nerd by day) I'm located in Northwest Arkansas and have lived in the area my entire life. I was raised by a tradesman; have seen some constr...
Hello BP, This is my first post and im really excited to be a part of the community here. I am currently renting and am looking at getting into Realestate investing by purchasing a duplex. I plan on living on one side...
Hi BP,When using syndication to purchase an investment property, I understand that you would normally pay your LP's between 8% - 10% preferred on their investment, and then split the excess (somewhere between 50/50 - ...
My younger sister is looking to start investing in real estate after seeing me have some success recently. I have 2 SFR and she is a no debt recent graduate.
The strategy we’ve talked about is for her to owner occupy...
If I buy a 4 Unit MF - what should be the minimum Cash on Cash Return To Aim For ? Is no less than 15% Fair or am I OFF mark or does this change if I buy a 3 Unit Family can it be lower than 15% or should stick to 15...