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22 August 2024 | 0 replies
We will choose our general contractor based upon reputation, references from my own commercial construction contacts (I have held a LA State - Building Construction license since 2001), their solvency, then finally their proposed bid.
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27 August 2024 | 3 replies
I apologize if I wasn't clear on my question, I didn't really go into my plans for how I would invest as I didn't think it really pertained to my question, yes I know I should not purchase a rental using a HELOC and certainly that wasn't the plan.Whether it be a flip or brrrr, I would use some investment vehicle that would allow me to pay back the money.Roll into as when I purchase my next primary home, use the equity towards the house.The premise of my question was just is owning a home expensive enough now to where it'd be worth putting more money towards it when purchasing to lower payment/pay off quicker, or would it still be worth it to use all of that money towards other real estate.
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28 August 2024 | 31 replies
Some owned are inside ROTH IRA'S so I will never pay or owe ANY tax or capital gains on the profits.Some are 1000% tax free profit, before adding in the accumulated tax free rental income, If you finding better investments, I'd love to hear the details.I tried to use a financial calculator once, it just got real hot and burst into flames.
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22 August 2024 | 1 reply
What additional services or support, beyond financing, do real estate investors value when working with a private or hard money lender?
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22 August 2024 | 11 replies
Lake Geneva has a license requirement for Airbnbs which will make it difficult to skate under the radar.
26 August 2024 | 5 replies
My uncle is part of the RHA and has found it helpful https://www.rhawa.org/I keep meaning to check it out but haven't since I can get so much second hand information off of him and others I know in real estate.
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26 August 2024 | 20 replies
I'm excited about buying my first home as I pursue a duplex here in Houston to launch my real estate journey.
27 August 2024 | 2 replies
@Jay LindgrenRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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26 August 2024 | 13 replies
This would be my first real estate transaction.
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26 August 2024 | 2 replies
This latter group is called "REO" (for "real estate owned").