Hi all,I am a 30 year old guy from NYC looking to slowly transition from a salaried income to a real-estate income via rental properties. I am very well-versed in finance and financial modeling so this stuff is very f...
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...
Ok, really opening a can of worms here but I am interested in some diverse opinions. Basic question: Should I pay cash for properties or get them financed and leverage myself.
Background. I plan to retire ...
I know it is frowned upon being a part time agent. But I wanted to hear from those out there that are doing this. My main goal would be to be able to get myself into to see listings at a faster rate than going through...
I'm Clint, a 45 year old electrical engineer from American Fork, Utah. When vacationing my family and we will often stay in a vacation rental instead of a hotel. We find them more comfortable, better suited for ou...
Greetings from the desert in Dubai everyone, my wife and I are looking to purchase a multi-family apartment building in Houston area, can anyone recommend a good realtor and Property Manager to assist us? We are looki...
Hello,New to this whole notion of real estate here and trying to learn. Lurked around this site for a few days and absorbed a ton of information (only time will tell if any of it really stuck) but I liked what I saw a...
I have a unique situation with an inherited IRA from a sibling that passed a few years ago. I could potentially purchase 3-4 units (down payments) with funds from this account over the next few years still leaving a g...
Hello BP members, i know this has been asked so many times but i will like another insight to help me make the right decisions.
Here's my situation:
Debts
$127K loan @ 16.99% for an investment property rehab - $19...
I will try to condense this down to a simple scenario for anyone that may want to offer an opinion.A good friend and his wife and my wife and myself plan on buying on Maui in the next few years. We all plan on moving...