After we got it ready, we did hire a local management company and while we still go there every 6 weeks or so to continue updating things etc, I do not think we would be able to claim material participation in the years ahead while we have a management company.

I have completed my first lease and used a property manager.

He says he is completly broke but i know for a fact that he has rental properties in Texas (always bragged about this) but claims he is flat broke- what a croc.

He says he is completly broke but i know for a fact that he has rental properties in Texas (always bragged about this) but claims he is flat broke- what a croc.

Originally posted by @Karen Haddigan:This man poses as a real estate investor who takes your money and then claims hardship and doesn't pay you back.

Hello all, I am an old guy but a new investor. After paying off my house and changing jobs, I rolled over my 401(k) at the old W2 into a self-directed IRA. I closed on a 2/1 (per side) duplex in August. We got it rent...

Working on my Real Estate license for personal investing mostly, however also would really like to be working for myself again in the next couple of years.48 My wife had her house before we married and it is paid off ...

It was a complete disaster. 

So I’m an investment agent, and recently I’ve been going to auctions to prepare myself for getting into the fix-and-flip game. I’ve worked with investors for a while now, and I’ve seen the kind of money they make on t...

Then get a lien waiver from the general contractor when all work has been completed?