Michael Johnson
Renting to college kids, owner occupied/ how liable am I?
Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
Account Closed
Is your real estate investing activity a "trade or business" or an investment activity?
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
Ryan Smith
Professional Management on a Short-Term Rental?
Hey Folks, I'm sure the answer varies by market and experience, but I wanted to see what advice some of you may have when considering professional management and STR. Here is the situation: I am purchasing a 2BR/2BA c...
Account Closed
Zero to financial freedom as quickly as possible
Goal: Generate at least $2,500 net per month outside of my job and my wife's job.Current Location: I live in a suburb or Portland, Oregon, where SFRs and small multiplexes are currently going for around $300k. (Of cou...
Dave Kennedy
Loan Modification Plan (Obama)
I've been listening to CNBC this morning and they have been releasing some of the plan to bailout homeowners.
It was just released an hour and half ago so the details are few and far between at this point but here ar...
Damien Lee
Did I do something wrong? ATL, Ga Deal Analysis (awful returns)
Hi all,
I've just recently started looking into real estate investing and wanted to go ahead and start posting the deals I analyze. I’m currently not looking to buy this home (you’ll see why if you read) but I am loo...
Peter Schuyler
Buying house for Child to help with In State Tuition Costs
My REI lawyer on BP said this might work, I wanted to get some feedback.My daughter will be attending a University in a different state next fallWe buy a small house for her this year, and put the title in her name in...
Account Closed
Seattle market?
Is it just me or is the seattle market a hard market to cash flow? I mean even kent/renton, auburn, Des Moines to even north seattle, all the markets seem expensive. I always see people post about buying a duplex for ...
Bryan Hancock
Inflation - Does It Really Help REI?
I am reading a book on hyperinflation and depression right now. This seems to be a popular target with all of the mess going on so I figured I would try to educate myself some more. The author is a renowned REI auth...
Wade Kulesa
Is Dave Ramsey correct? Anyone still around after 10 years?
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...