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26 April 2019 | 0 replies
It fell into our laps as a person who just started in REI had his relatives facing the foreclosure.
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13 May 2019 | 7 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are a few self-contained guides that you can access here: https://www.biggerpockets.com/guidesIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.
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17 July 2019 | 6 replies
In general Kennesaw is a good location for buy and hold investing, good schools, good location relative to highways and Atlanta Metro, and a stable economy.
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18 December 2018 | 2 replies
That said, Advanta does have a good reputation and track record - just an angle to look into that someone new to the concept would not even think to consider.As an IRA provider, they would be OK for relatively static investments that do not involve a lot of transactions.
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19 December 2018 | 3 replies
I have a great credit and depending on what route of investment I take, my DTI ratio is good, not super great but good for anything up to $200k.Top view goal: Purchasing a duplex close to $200k or SFH close or less than $150k.Financing strategy: Option A - For the next SFH property using HELOC for rehab and private lending to buy from two relatives/friends.
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21 March 2019 | 8 replies
Would highly suggest not buying single family homes no matter how low the prices might seem (relative to Canada).
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18 December 2018 | 0 replies
from what i heard, I can tell him to leave but if he/she doesnt then i can change the locks on the door and ask to leave and so oni would appreciate someone sharing any info related to questions above.
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12 April 2019 | 9 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.
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30 December 2018 | 10 replies
My goal is to use it to my advantage and move forward in building a great team among all who want or are taking ownership of their futures.I currently work 4 jobs; in advertising for a large retailer here in Texas, I run my own sole prop cleaning company for commercial and apartments, a small time side gig as a janitor ( I can relate to Brandon with the whole toilet situation), and on my spare time I do personal training.
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18 December 2018 | 2 replies
With Vacancy of 8%, Repairs of 8%, CapX of 10%, insurance of 11%, and property taxes of 11% you have 48% in non-mortgage related expenses, which would be $348/month (725 * 48%) PLUS mortgage/taxes/PMI of $384 as stated in your calc, that brings your total costs to $732, putting you at a negative $7/month in cash flow.