Roughly 5 weeks ago I lost my job due to COVID. I originally had a plan to get my real estate license and use that as side income alongside my pretty well paying job. Since I lost my job, I was able to pull up my real...
Jobs are back and the economy is recovering. How do you spin this doom and gloomers?
Jobs Are Back! Recovery Abounds
What’s up y’all. Shawn the Newbie here. Me and 3 of my friends have pooled money together and starting a real estate investing company. We spoke with one accountant who suggested we become a nonprofit as opposed to LL...
I’m a college student currently enrolled in drafting and design but I have been seriously debating switching to construction management. I currently have no real construction experience but I noticed CM is more planni...
My goal other than Wholesale is to house hack via multifamily. I've been networking for some time now and a co-worker of mine noticed my "we buy houses" car magnet and told me about a property he and his girlfriend in...
Hey Y'all, this is my first time on the forms but I have been listening to the podcast for around 4 or 5 years now. Great Stuff! I have 2 rental properties I got in 2011 but I have not bought anything since, mainly be...
Well, I almost fell for it! A couple of weeks ago, I heard Larry Goins speaking on another guru's podcast about HUD homes. I checked out Larry's HUD website and ordered the Free book with several "bonuses'" A few da...
I have been looking at homes that are at just 25 percent of their 2004-2006 sale prices and are now 100k and under. I only have 20k in ready cash and am looking at 20 percent down.
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Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...