I have been flipping houses on the side but looking to replace my W2 as I scale up house flipping from small houses using only my own money to multiple larger deals (700k - 1m) using others' money. Not sure where to s...
Hey all,I am in the middle of my first rehab (for LT rental) and want/need to lower two decaying chimney stacks to a safe height above the roof. One is about 20 ft tall (11 ft above a 9 ft roof) and several feet from...
Hi everybody! Thanks for checking out my intro post!My name is Alex and I'm looking to quit working my job in retail sales and get into REI as soon as possible. First of all, I live in Santa Barbara, California. I'm n...
Before 1957, there was no industry or investing arena defined as residential real estate investing. Individuals owned their own home, or a duplex in which they were both owner occupant and landlord. Real estate inve...
Hi! My wife and I are hoping to close on a SFH soon with the intent on doing an STR! I have a tax question / real estate professional question.I myself have a W2 job and my wife is a stay-at-home mom (no income). My t...
Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...
I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...
I'm a reluctant real estate investor (I bought a rental property next to my house not because I want to be a landlord, but the previous owner agreed to sell for a low, low price, and I wanted to control the house next...
Hi BP,I've done nothing but long-term rentals up until this point, but with everything going on, I'm wondering if this is all increasing the need for traveling medical professionals?Do any of you specifically rent to ...
Hi BP Community !
As a new investor/ not as experienced investor , what mistakes did you make early on in your career? And what would you tell a new investor to do to avoid these mistakes?
Thanks !