Shayan Sameer
Found a multifamily investment property - worth a deal?
24 November 2024 | 9 replies
If no, are there photos of each unit and all closets, the basement, the roof, the exterior, and all mechanicals?
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
This far the mechanics of what he is doing are clear to me.
Csingh Singh
Investing in California vs. other landlord-friendly states: What should I do?
27 November 2024 | 13 replies
As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.
Aditi Chaudhuri
Temple University Student Rental
25 November 2024 | 13 replies
If the building is currently recognized as a single family residence, then you are changing use and presumably will need to sprinkler the building and satisfy other fire rating and STC rating requirements not to mention the added costs of having to run mechanicals for multiple units, multiple kitchens, additional bathrooms etc.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
The purpose of this post is to alert people about this $35K scam (since BP has such a high Google ranking, and hopefully this post might come up in some's search result when they are doing research on this so called "Elite Legacy Education"), and here are the details:I read the Rich Dad Poor Dad book back in high school, and I'm fascinated by his emphasis on financial education (although later on I realize man of his other books are repetitive and erroneous).
Melissa Faraias
Using the company TheGuarantors for my new rental - Advice needed
19 November 2024 | 2 replies
Their combined monthly income is 3X my rental amount but the man's income is in cash (he is a car mechanic).
Caleigh McDonough
House Hacking My First Property that Doesn't Cash Flow
27 November 2024 | 16 replies
This is coming from someone to stepped out of W2 in their early/mid 30s, and I can tell you first hand it's not cheap and anybody that tries this really does not understand the reality of it.To your other questions, cash flow is just a mechanism of leverage nothing less or more.
Albert Blair
Renting to Contractors
19 November 2024 | 7 replies
I don't like mixing the two - it can get messy if he stops mowing due to mechanical or health issues, etc.
Henry Rodriguez
build adu on property or purchase another property ?
14 November 2024 | 10 replies
Even if you did entire build yourself, I think you are looking at 2.5 times your estimate and a lot of work and time.I suggest you go to some meet ups with an emphasis on understanding the value added by ADUs.
Arthur Crum
RAD Diversified SCAM ALERT!!!
17 January 2025 | 238 replies
Don I think what most investors miss with these funds is the lack of liquidity as in none until the investment cycles or the sponsor wants to pay out.. the idea that folks can have a need for money after the investment and the Sponsor should pay it out upon demand only works if there is a mechanism in the offering to allow that.