16 April 2019 | 2 replies
hey everyone, im Shai.i saved $45000 that im planning on investing them in real estate.im new to this world so id appreciate if anyone here could help me with telling me what is the preferred way of investing (flip, rent etc.) and why.also, i live in the states on a j1 visa, and i was wondering where i can check if there are loans avaliable for me .thank you!
14 April 2019 | 2 replies
Some individuals say yes as long as you can prove you made prior arrangements, appointments, etc. and other says you can only write-off these expenses after you actually own property in that location.Does it make a difference if you make the travel purchases as part of your personal assets or on behalf of an LLC?
4 August 2019 | 6 replies
I am looking for a reputable RE agent that can accompany me, preferably someone experienced with out of state investors, and who has an "inspector" mindset.
26 April 2019 | 22 replies
If you have any cash flow after paying the bills and setting aside funds for future expenses, you can either pull it out or (preferably) hold it for a future purchase in the checking account or in the savings account.I prefer holding funds in the savings account, even money for future purchases.
16 April 2019 | 3 replies
Today is the deadline to file your individual tax return.
23 April 2019 | 33 replies
Refi is preferable if the money being accessed is for longterm purposes (ie buy/hold) and you plan to purchase another investment soon whereas a Heloc is preferable for short-term use (flip, rehab, etc.) and/or you want the ability to pull the trigger in the perhaps distant future if/when a deal presents itself.
16 April 2019 | 0 replies
It’s a lot easier to find good business partners in places where you’re sure to find like-minded individuals.
17 April 2019 | 4 replies
Benjamin,Do you want to be close to work or would prefer something with a livelier feel, like downtown?
16 April 2019 | 2 replies
Maybe even try a real estate attorney, I prefer working directly with them vs a title company anyway.
16 April 2019 | 3 replies
Aside from understanding how to build the buildings and how much they cost, you'll need to know how to understand how to analyze deals at a higher level to see if they make sense - what are the rents/sales you expect to achieve, what are your financing costs, what's the timeline....I would strongly suggest taking real estate and/or corporate finance classes as well - preferably as a minor if you're able to.