Investment Info:
Single-family residence buy & hold investment.
Purchase price: $325,000
Cash invested: $25,000
3 bed, 2 bath beach box. Approximately 1000 sqft
What made you interested ...
Hey all So my buddy and I have this opportunity to buy a condo. It says Miami, but its really Panama City beach FL. It's 450k and brings in close to 300/night. Problem is I don't have a downpayment. I also need any in...
Hey Guys!
This is going to be quick- I promise!
I've been told and read that when forming an s corp owners must be paid a reasonable salary and can't just let all of the money pass through and be paid as a dividend...
I need to cash out refi this year, to pay down some hard money loans, my DTI took a beating. My lender wants to see 6k of profit between 3 properties. I asked my CPA, his reply below.Can you define “profit”? Is that t...
I had a really tough decision between Retirement by Jeff Brown who I have admired for years and the Mobile Homes by John Fedro which I just recently got more interested in. I flipped a mental coin and went with Jeff ...
I went and looked at a 4plex this weekend, the owner happened to be there doing some work on the property so we got to talking with him which was awesome, he has owned and managed the place himself for 13 years. One t...
Hey Everyone! I'm a new member and got started by listening to the very good podcasts. I live in the DC area and have a rental building (with two other partners) in the South Shore neighborhood of Chicago. I'm g...
Not a bad article, comments might also give you a sense of Seattle's landlording decline.https://www.seattletimes.com/b...
Hi all, I was getting excited and learning about RE investing , but came across this article which scared me a bit as far as liability and actually building wealth with investing. Any thoughts on this?Thank you!Johnht...
In your mind... what is the opposite of fear?