So after a recent call w our amazing accountant he said something that hit me hard. he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...
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Hello My name is Russell and I am only 26 years old. I officially make the same amount of money in realestate that I make at my job. Did all this in 2 years with very little money out of pocket. That is passive inc...
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As a new investor certain areas of real estate are appealing; however, the aspect of low risk, no money down with unlimited opportunity for profit is the most sort after. We all know no area of real estate is complet...
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There seems to be a glut of STRs in every major market, yet there are RE agents out there telling people that there is demand.There may be demand, but if the owner cannot book their place to cover the costs, how can R...
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I think most of BP would disagree with Ramsey's advice about real estate and debt, but there is one bullet here that states "Real estate should only be about 5% of your portfolio." I understand (but don't agree with) ...
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Hi all,
I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed after the loan is secured. He said I can't do that. And that I'll need commercial lendin...
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All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, fr...
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Actually started this venture about 3 years ago. I might get some activities out of time sequence. Sit back and grab some popcorn.I will chop this up into smaller segments, so each one isn't too long of a read and h...
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Submitted a full price offer for a 3/1 with a guest house. The numbers work great after house is rehabbed. Offer was signed yesterday by seller & I paid both earnest money and option fee. This morning, the agent c...