Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 replies
Might not be ideal to go from a personal home to a duplex/triplex/quad but it's a great way to buy with as minimal % down as possible.
Tom Sproul
Post-Mint App Personal Finance Software Hunt
3 December 2024 | 3 replies
Probably a little better fit than Mint since there are no ads and minimal cost with some better features.
Joe S.
What are your thoughts about Prenuptial agreements?
6 December 2024 | 51 replies
It outlines how the couple will handle their finances during and after the marriage, including: Property and assets: How to divide property and assets in the event of a divorce or death Debts: How to allocate debts Spousal support: Whether and how to provide alimony Inheritance rights: How to handle inheritance rights A prenup can help protect both parties' interests, and can be an effective way to avoid court proceedings and minimize the emotional and financial toll of a divorce.
Seth Rose
Out of state BRRRR steps
4 December 2024 | 31 replies
There's no point in putting in so much time and effort for the minimal monthly cashflow of a BRRR property.
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
19 January 2025 | 47 replies
Income, expenses, and distributions are automated and visible to all investors, minimizing the risk of manipulation.This model isn’t for everyone, but it’s a way to give people passive exposure to real estate without the complexity of ownership, while allowing property owners to raise funds without giving up control.Would you see this working in practice?
Tanner Martillo
Seeking Advice on Potential Short-Term Rental Investment in Cincinnati, OH
1 December 2024 | 3 replies
Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.
Quentin Lee
First Deal Advice
5 December 2024 | 5 replies
Since you and your wife have renovation skills, targeting properties that need minor improvements can maximize your return on investment while minimizing the time and cost associated with major renovations.
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
Of course, many investors bend/break this rule, but that's another risk.2) If your bid wins the foreclosure auction, you then have to deal with getting rid of any occupants - who may steal/damage everything they can in retaliation:(3) You MUST have a great crew on the ground that can minimize surprises - not easy to do on your first deal.Regardless if you buy a foreclosure or other property, read our copy & paste advice below:-----------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
I am grateful we attended the rich dad seminar because it is what got the ball rolling for us for a minimal cost.
Justin Bradbury
In the educational phase, looking for more resources
4 December 2024 | 6 replies
Start small by buying a duplex or single-family home with minimal renovation and in good rental areas.