I have only recently begun research into real estate investing and am devouring every bit of information I can find on it. I have no savings and a modest monthly income so it seems like wholesaling will be the fastest...
Good Sunday BP. I spent this weekend at a REI bootcamp. Very interesting, very informative, I guess, I mean all the rules are pretty much the same in general when it comes to wholesaling, fix and flips, and what have ...
I've done a little reading on making trips/vacations tax deductible, but I'm still not totally clear.
I am going to visit an out-of-state turnkey provider as part of my due diligence process to meet them and see th...
I assigned a Contract to Purchase, and then I ordered the title work. It occurred to me that perhaps I should have made sure title was clear before selling my "equitable interest". Especially since the buyer gave...
About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
I’m in a hot market trying to find my first rental property. I started with a high expectations on the cash flow but after spending a good amount of time trying to find a deal I realized it’s not that easy so I adjust...
I have 7 kids... here are some things teach and how I pray it conveys to the future1) Be a active helpful member of family - being helpful in society 2) Don’t expect handouts !! Work to better others first and in tur...
Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
I am a fairly new investor in Minnesota and have recently started using Facebook ads to generate leads. I'm targeting motivated sellers and I've generated a decent amount of leads in a fairly competitive market. Now I...