I want to get into Real Estate, specifically Multifamily investing. (although, considering my position,I'm wondering if I should start with single family to four plex range?.. because 12 units at 100k/unit would be 1....
I'd like feedback on a BRRRR scenario from folks who are in the know about taxes related to capital gains. Let's say you buy a property for cash in an LLC, taxed as a partnership (you have a 50/50 partner). It is bo...
I am currently evaluating a duplex purchase in the Cleveland area. I feel pretty confident in my evaluation of the property, and think it would be a good candidate for BRRRR:
Purchase Price: $130k
Rehab Cost:$47k
ARV...
I currently own a "condo" in Kentucky which is part of a building with 4 units, each with separate entrances and back patios. The maintenance of the exterior is horrible, especially for the outrageous HOA fee. The ext...
@Mike D'ArrigoI'm an out of state investor in Colorado with a duplex in Indy. (both sides Section 8) I see IHA was hacked (ransomeware) and has been down since at least 10/3. Any news from someone local like yourself ...
Hey guys, this is a relatively simple question, and it may have been asked already numerous times, but I think with the new upcoming tax changes it may be worth considering again. Would you guys recommend that I max m...
I spoke with my attorney this afternoon, and he told me that Illinois is about the pass laws that will "crack down" on self directed IRAs and require private lenders to be certified. Has anyone else heard about this?
Hi,
I started investing in real estate without knowing anything about it. Then when I already had 3-4 properties, I realized that I am actually a real estate investor now, so better learn how to do it right.
I educat...
Looking at buying a property in Jackson, MS as a cosmetic rehab and quick flip. I have a very detailed quote for the work that needs to be done in the amount of $15K - 3 weeks time max. Tax records for 2009 show tru...
Hi fellow investors,I'm in a unique situation I have not had to deal with before and would like to get some opinions on the best way forward. Here's the deal:I have a single family home under contract for $25K, with a...