So I currently own my 3 bedroom townhouse in Scottsdale, which requires monthly debt service of $750 a month, not including a $150/month HOA fee. Given the location and market conditions I believe I can rent it out fo...
Hello,
I know two retired families in my group, sitting on $3M+ real estate, free & clear. They living in it. Very humble, hardworking, blue-collar family and they happen to grow up in a part of California that i...
Hi, First timer and I just bought and renovated a Duplex in Dekalb, Atlanta. it is a B to C area. Each unit is a 2 bed/1bath, expected to rent at $650-$700. Have got a lot of interest but not many people willing to gi...
Hey all,I am planning on moving to the Portland/Astoria, Oregon area in about a year and I was wondering if there were any RE companies that are good for a beginner? I really want to move into a duplex/triplex as soon...
Hi all, We just bought a property in Denver, Colorado to fix and flip that has a tenant in place. She has been living there for about 9 years and has said that she had a verbal agreement with one of the past owners (2...
Hello! My name is Adam Johnson. I'm was born in Janesville, WI and also lived in Wausau, WI. I just learned about real estate investing over Thanksgiving weekend 2013 while talking to an investor I had just met. He...
I am a newbie real estate investor, and I have been educating myself for the last couple of months. Listening to podcasts daily, reading real estate related articles every day, real estate books, connecting and networ...
Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
Hi Everyone,I am looking for any guidance on purchasing a Tax Lien. My husband and I were leaving a Barbeque yesterday and saw a "For Sale" sign on a property that looked like a good investment so we took pictures and...
Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well. Lets say that i have a total o...