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29 December 2018 | 13 replies
Trying to narrow down markets to areas with good jobs, pop growth, friendly landlord laws, ideally 2% rule cashflow, but then with BRRRR.
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20 December 2018 | 3 replies
@Brock Norton, I assume you mean "mortgage broker," who works with several financial institutions (including banks) to get you a loan that best fits your needs, hopefully at the best price to you.A "bank" is required to be licensed to do business, which typically means taking deposits and making loans (among other things).
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22 December 2018 | 12 replies
@Frank Molinaro Here is my "starting up" collection: Read http://greeneincome.com/index.php/2018/10/29/ideal-vs-desperate-investor/ Read Dave Ramsey book "The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness." and complete the baby steps there.
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21 December 2018 | 13 replies
I personally like the appeal of the 30 year note as those arguments better fit my business model.
18 December 2018 | 1 reply
Consider reaching out to a real estate attorney for a consultation, ideally in a state where you plan to invest/form partnership.Best!
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3 February 2019 | 11 replies
If you are interested and think you would be a good fit, message me.
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21 December 2018 | 5 replies
Then you could also choose to use on Traditional LLC as an operating company, to separate the liability of your operations (contractors, property management, etc.) from your assets.For which entity, whether Series LLC or C-Corp, will fit your portfolio best, you need to talk to your CPA.Some generalized comments on the topic, though.
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21 December 2018 | 9 replies
Do you have any thoughts on what type of deals fit your skills and interests best?
19 December 2018 | 10 replies
That is not bad, but again, it's a bit below my personal minimum threshold of $250 (ideally I look for at least $300 in monthly cash flow per unit).
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23 December 2018 | 3 replies
I think the ideal situation would be a more subdued but enjoyable vacation spot.Any input at all would be greatly appreciated.