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Hey guys, As a newb I am looking to buy my first property. I have spent a LOT of time reading as much as possible and found Brandon Turner's book "The Book On Rental Property Investing" to be one of the best reads so ...
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Hello all,So I'm in a bit of a dilemma here. There's a property for sale at a good price that I think would be a good opportunity to start the REI journey with. I also want to buy a house to live in for myself and tak...
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Old Portland duplex with single water line. Have owned many years and always wanted to add a second line but the cost.Would you EVER consider spending $17,800 to save $2493 per year in water cost? We do know that wat...
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I just turned 21 and I am looking to start my journey in real estate investing early. I currently work as a property manager and live at home as I go through school, I have a strong income for my age ( I make about $2...
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Main Questions: What does it mean to "breakeven" when renting out a room in your property? Is it worth it to invest in your own property in an expensive city like NYC? Or do you think one should focus on "real investi...
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Guys, I am 34 years old. I will be selling my ownership in one of my companies for $300k. With this sale, I’m losing $40k per year in salary. I’m trying to see how you would invest the $300k. Here’s my breakdown. I ha...
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Hi - my wife and I just changed deed ownership of our first STR property to an LLC we created. When we switched over we lost the title insurance we initially purchased when we closed on the home. If we repurchase titl...
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I am considering renting out one of my rooms in my house. Do you have to claim this as income? If so, how do I go about that? If not, can I just save the money to buy future investments? I am curious on some pros and ...
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For the last several years we have been trying to buy real estate deals leveraging with mortgages. We are trying to save the most money on taxes and it looks like we may be claiming a loss this year on our rental pro...
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Investment Info:
Small multi-family (2-4 units) other investment in Columbia.
Purchase price: $309,000
Exclusive listing opportunity for a large triplex, low price per SF, strong market rental rates, may...