Anyone here ex-big4 or ex-consulting now doing real estate investing full time? I’d love to learn from your journey. Aiming to get into full time real estate in 4-5 yrs.
Real Estate Investing
Thoughts on buying a lot, building a house and selling it to make some extra $? Then keep doing that every 6 months...
I recently sold my house in NY and earned 221k in proceeds, after paying some debt I am now left with 145k. I am now in Houston, Texas ready to buy property. I am renting for 6 months while ....
Investment property or coop? I’ve got 40k saved as a down, and would be looking at buying a place to live in and partially rent out but living and working in NYC makes that impossible. (Cont.)
Anyone know if individuals or groups willing to lend in the second position for small deals? Or lenders willing to lend at over 80% for conventional commercial loans
Thoughts on ROI for rental properties vs. stock market investing? Do people consider this at all or are y’all real estate investors pretty certain as this is a proven/steady wealth builder
Any experience with strong pet odor in a potential house buy? I believe it’s dog odor, but very strong in certain areas.
Thinking of buying a house, what is a realistic expectation of remaining income after mortgage, expenses, etc? Is having less than $500 a month too little after maxing out ROTH, 401k ?
Could anyone explain how opportunity zone funds are taxed to the individual setting up the fund and how the fund itself is taxed? Anyone have experience with this in NJ?
Tax question for those who have a rental property. I own a place that I rented recently. I moved into an apartment. I don’t plan to buy another place soon. What is the best way to minimize tax burden?
if I currently own a home with a mortgage, and I want to turn it into a rental property under an LLC, do I have to sell it to the LLC and get a new mortgage or can I just transfer it? Steps to do so?
Current opinions on state of housing market going into 2019? In my area (dallas ft worth) housing prices are noticeably slowly declining and homes appear to stay listed for longer.
Looking at investment properties in areas which may be a few mins from a war zone. Budget is around $200K. Should I wait till I build enough money in the account to fund the down payment? (Contd)