Hello,I am just starting my real estate journey by reading various books on the topic. Why is it that passive income is touted as such a major benefit of owning rental property? It seems that the same profit could be ...
Hello and thanks in advance . My friends house in short sale . It’s going up for auction April 6th but he filed bankruptcy so he said the auction would be canceled . He’s been going through this for many years now. Th...
Hi All, I am a 29 yo male currently employed in a relatively stable job ($100,000/yr). I'm not focused on saving a lot right now and basically, just put money towards my 401k (10%) and am aggressively paying down/off ...
Read about my poor experience with Homelister before listing your property with them.Homelister seems like a pretty good deal at first for anyone who wants to save some money on selling a property and doesn't mind b...
Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
What are the tax implications of investing in an equity syndication deal as a limited partner?I’m considering investing in commercial multi-family equity syndication deals through a crowdfunding platform. I’ve reviewe...
My wife and I are using our guest studio as an AirBnb right now and I would love some feedback. The listing is linked below so you can check it out. I would love to hear about the posting itself, the pictures, the a...
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
When wholesaling a subject to deal, are you assigning your subject to deed for a fee before putting a tenant in the property? are you finding the deal, then selling your lead? exactly, what is the basic process of who...
For those of you who are running (or have a PM and know what they do) an STR, what exactly do you clean between tenants - especially when you have the single day check out/check in turnovers? Do you clean all of t...