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Mortgage or no?
Hello all!
After reading about benefits of being a landlord, I have finally entered into sales contract of my first investment (kind of, will explain) condo!
Sales price is $280k and with $500 HOA and $600 tax month...
Anthony Moore
VA loan providers in Milwaukee, WI Need duplex
Looking to move out of my 4 unit apartment complex soon and into duplex. Work full time and a veteran can be VA approved. May need to amend my taxes. Love my cozy 2 bedroom but time to move.
William Bennett
No mortgage, 50% ownership
HOUSE IS SOLD AS-IS, HOME WAS APPRAISED FOR $110,000 DOLLARS seller is asking 10k (won’t take less than 9500)
owns 50% interest in a 4 bedroom 2 bathroom home (1587sqft) which sits on about a quarter of an acre of la...
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Why do some investors have their primary residence as a rental ?
Hi Guys,I am curious as why some investors live on a house and have the legal class a primary residence ? Is there a benefit ?Does it help with taxes ? Are they able to qualify for more have that property as a "rental...
Jake Akers
Educating RE agents on advantages of investing in multifamily
I have a large network of residential real estate agents that are curious about investing some of their money into multifamily syndications. Most of them make over $200k/annually so they would also be considered accr...
Jason Kang
Partnering on Rental Properties
Hey everyone,I'm looking to buy a new rental property out of state with a partner to access more capital. Does anyone have experience doing this? I've been told LLCs are the best way to go about that nowadays, but can...
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Forming an LLC for Real Estate Wholesaling
Hey everyone!I hope you're all doing well and staying safe. I'm currently in the early stages of setting up a real estate wholesaling business, and I've been thinking about the best way to structure it for both legal ...
Dawid Surowiec
What's the difference between a 2-plex and 4-plex
What's going on PB community!!
What is the difference between owning a 2-plex and 4-plex? I'm planning to buy and owner occupy my first property! My plan is to use a 5% down payment, so I figured, I might as well uti...
Leland S.
Solo 401k funding, payroll tax tradeoff of single member LLC
Looking for some second opinions on anyone who is "self employed" and has a Solo 401k. Probably folks here know about check book 401k's and such to invest in real estate. I am now in a contract position as 1099 and ha...
Dan D.
Investing and Property Taxes: States
Do you guys/gals ever predetermine which state/area to invest in by state/county tax rate?When I view some of the properties for sale in the marketplace; I review the figures and get to the taxes and see a big differe...