
2 May 2023 | 2 replies
If you’re looking to place money passively into a real estate deal, it’s important to know how much you need to have budgeted for different strategies, so lets start off with the smallest buy in to the largest.1- Real Estate Investment Trusts (REITs)At the smallest investment level you’ll have a real estate investment trust, or a REIT.REITs are essentially huge portfolios of properties that you can invest in even through apps nowadays that help you get started for as little as a few hundred bucks for a private REIT.Private REITs are actual private real estate holdings as opposed to a public REIT which is traded on the stock market.Public REITs are not actual investment in real estate, they’re investments in stocks, so really there isn’t a pricing barrier here just like you can invest almost any amount in another stock, you can do the same here.

16 July 2018 | 31 replies
Yes, it's possible to get bad tenants in any class of property or neighborhood, but you reduce your chances of that significantly by investing in better areas, Good property management and tenant screening is also essential.

16 April 2023 | 4 replies
The US dollar is at risk and the element of cash reserves essentially losing value should be beginning to factor into long term investment strategies.

14 June 2018 | 5 replies
Yes, technically the escrow is for taxes and insurance, but in reality it's a checking account.In the event that you refi your mortgage, that escrow balance comes back to you because it is essentially your money held at the mortgage holder's office.When I'm doing accounting, I transfer the escrow portion into a separate "checking" account.

3 July 2018 | 16 replies
@Alec McGinnMake sure to use the @ with my name so I get notified :)A Superhost is essentially a really really good host.

16 June 2021 | 12 replies
I did a walk through prior to listing so I am up to speed on the condition and it's essentially move in ready, I will have it professionally cleaned prior to turnover and there's one discretionary thing I might have done.

7 December 2018 | 12 replies
It's essential when starting out to ensure your books are in order and set up correctly.

24 May 2018 | 5 replies
This essentially sets the bidding minimum.

5 June 2018 | 25 replies
Which is essential because I do not have the net worth or capital needed for loans or investing money.

14 June 2018 | 14 replies
Mississippi has it. 95% of borrowers don’t read the fine print and don’t know and find out the hard way So in states that lack it, it really makes sense to lever up because you are essentially getting free leverage as there are no consequences for foreclosure if your personal assets cannot be touched?