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First time posting here.TLDR: I am a new RE investor and have questions regarding long term wealth generation through RE. My Background:I am 23-year-old recent college graduate looking to purchase my first home/invest...
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Hi all, I started to analyze my local area here in the Czech Republic (Europe) and found out following information:1) My city has around 65,000 inhabitants2) Searching websites I found that there are cca 60 flats sel...
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Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
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Good morning all. I'm a rehabber as well as a licensed agent. However, I'm looking at using a flat fee service for a property I own as opposed to listing with my broker. I have two questions:
1) Does it make sense to...
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I see plenty of threads that bash wholesalers or people wanting to get started by finding their own deals. It's quite a shame that we respond to people who are inspired by capitalism and the American dream by treating...
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Early in January, our duplex caught fire, destroying the bottom unit. We fully renovated it and placed the tenants. This is our best performing property and I really don't want to sell it, but after getting a notice a...
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Hi ya'll, Wanted to hear your thought on this. Currently have $170k saved up + mother offered to sign loan w/ me. Looking at duplex/triplex and plan on house hacking. My lender basically stated, whatever monthly payme...
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My partners and I are in contract to sell a small vacant lot in Philadelphia for $35,000, which we bought a year and a half ago for $20,000. I know its not a lot of money, but I was hoping I'd do a 1031, but I was to...
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I keep hearing that to become wealthy in real estate is "Don't be a flipper, be an investor. Don't even touch a paintbrush." Working on our first flip, we're doing most of the work ourselves. Yes, it's taking longe...
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Is it better to roll your taxes and insurance into your cash out refi loan or just pay them separately?