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29 September 2018 | 19 replies
Employed "full-time" but my work schedule affords me a significant number of days off, and I have the skills and capability of doing most renovations myself.
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23 September 2018 | 1 reply
I only say this because when I was looking at this position, my mind was blown on the benefits of real estate investing through rental properties.
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24 September 2018 | 2 replies
What you do is raise their rents to full market one tenant at a time and if they leave you then reno and find a new tenant at the new full market rent.
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25 September 2018 | 4 replies
There is to be one more "workshop" before this bill goes into law, but the hotels have put a lot of money behind this in forms of campaign contribution and lobbying.Have other cities had success in fighting this?
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25 September 2018 | 25 replies
A few challenges I facednot being able to buy the first building until I could afford the mortgage without the incoming rentbreaking even on my first building for almost a full yearlearning how to deal with problem tenantsevictionsfinding contractorsnot being able to buy my second building until I had enough in reserves for all the bills for 3 monthsnot being able to house hack my third building (my favorite) agreeing to buy the third building, having JUST enough for the 25% down, closing costs, etc and then at the same exact time getting a $25k tax bill from the previous year.
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23 September 2018 | 2 replies
I am attracted to real estate as a career for many reasons and would like to do it full time after college.
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4 November 2018 | 11 replies
@Marty Summers you said a mouth full in that last sentence.
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23 September 2018 | 1 reply
Brought 1st Rental property for $25,000 — Obtained financing based on a subject-to appraisal that came in at $50,000 @ 80% LTV = $40,000.
My original thoughts were I would be able to only put $15K into the property a...
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29 September 2018 | 10 replies
Does it make a difference if the arrangement is more:70% IRA LLC30% cash LLCDo you have to buy properties full cash outright with a self directed IRA, or could my IRA/myself get a commercial mortgage?
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22 April 2022 | 12 replies
@Patrick Vos I work full-time as a GC in the Twin Cities (based out of Minnetonka) and hold both my Residential Real Estate Broker license and Residential Building Contractor license.