Branden Wilkinson
Where to go next
As of today, I currently rent out a single family home and I am house hacking a duplex that I plan on renovating into a triplex (basement unit is not finished but it was meant to be a triplex). I used VA loans to acqu...
Angeline Mentor
30 Year Loan in LLC?
Hi All, I have a hard money loan and I need to refinance it into a 30 year loan. I was told that I can do this into an LLC. I do not know of any lenders that do this. Is there such a thing. I would prefer to refinance...
Christian Thompson
Roll1031 Rental into my Former Primary Residence that I now rent?
Scenario:Sell a rental I've held for many years in an LLC. Net $250K1031 the $250K into my former primary residence which has been a rental for the past year, but lived in 2 of the past 5 as my primary res. I hold t...
Wade O
Rentals Are Not Forever
One of the ideas perpetuated by many of the Real Estate Investment "gurus" is that once you buy a rental property, you continue to hold on to it. This may be the right approach at times. After all, your fixed interest...
Stephanie Knox
Is a Real Estate Attorney really needed during the buying process
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
Denise M. Tschida
Trip to Indianapolis: Find Realtor and Prop Mang Company
I am visiting from Southern California till Friday, March 30 to begin building my team. In reading "Long Distance Real Estate Investing" and "The Richest Man in Babylon", I have learned that I do not need to try to b...
Blair Syme
Sell, or borrow against home to purchase 2nd investment prop?
Hello all! I am fortunate enough to have one of those good problems on my hands and would love any advice or feedback I can possibly get...please forgive my neediness/density as I'm new at this and I've had quite ...
Jenn N.
Newbie from Colorado Springs
Hi my name is Jenn. My husband and I are currently living (house hacking) in Colorado Springs after traveling the country for 4 years in an RV. I've been around real estate my whole life (my dad and grandpa are land ...
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
Tony Lin
Offset passive income with new passive loss?
Let's say I made a 100k passive LLC syndication investment #1 a few years back. It sold this year with 10k of total cashflow and 50k of appreciation. If I invest in a new 100k LLC syndication deal #2 this year and it ...