I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...
I live in Southern California, and will be for the foreseeable future. From listening to a few podcasts and reading posts here, it seems like California is not the best place to start for newbies with not a lot of cap...
Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
Getting ready to start my real-estate investing journey but trying to get my questions and concerns answered before I start. So this is a very elementary question (sorry)! If you use the BRRR method of investing for b...
I see more and more investors buying 10k SFR's in low-income areas. They put 5k-7k into rehabbing the house, and renting it to Section 8 for a nice, consistent ROI. I personally know 3 people who do this. They actuall...
I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
Hi Guys,I work in Corporate America, typically about 40-50 hours per week plus travel at times. At home we have two small kids. We have little time to invest in real estate, but have managed to build a decent portf...
Our property manager refused to give us the lease agreement and lied about the tenants damaging our property and stealing our property from our home. Two different tenants lived in our home since 2019 and we had not b...
Hi All,
I am researching buying rental property w/ a SDIRA. And after talking to a SDIRA custodian, she schooled me on non-recourse loans and the taxes associated w/ purchasing leveraged property.
So I am wondering...
We are in great state of Pennsylvania and have tenants who have been renting from us for 2+ years. When they initially rented from us, they rented an apartment in a property that I personally owned. Now they are renti...