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10 June 2023 | 4 replies
Could do boat and rv storage. $20,000 in taxes.
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11 June 2023 | 0 replies
I will then get another stackable washer/dryer unit and create a room on the main floor, replacing a small storage closet next to the main floor bathroom.
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10 June 2023 | 6 replies
Don't leave extra bedding out for them but have it available (like in a locked closet or storage cabinet) should it be requested.
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7 February 2021 | 0 replies
STR's, storage units, and even something like a coffee hut can be easy to run, and not far outside the box for a REI.
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27 May 2022 | 18 replies
The assets can vary widely, from multifamily, self storage, mobile home parks, industrial and on and on. $200k as a single earner is enough to qualify an individual as an accredited investor, with the caveat that you must have earned >200k the past 2 years and expect to this year as well.
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29 June 2022 | 1 reply
I've already posted about the two K Mart facilities that we have purchased with the help of our investor partners, and are actively renovating and converting to Drive-In, Climate Controlled self storage, but this one is a little different, because there is finally some instant gratification!
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10 June 2023 | 5 replies
If it is a common area rule about storage etc enforce it.
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15 January 2020 | 96 replies
Private loans Dividend stocksLP in several businesses LTR'sSTR'sMilitary retirement VA disability 100%Wife's jobWife's side hustle Wife's second side hustle Dog boarding Horse boarding Hunting leases Land leases farming/grazing Timber sales Billboards Car flipping Currently working on my first storage facility, 2 more STR's and 1 LTR.
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30 April 2020 | 1 reply
Here's what I've surmised so far:Commercial: -have to put more money down (not sure what % though)-have to make/have a lot more capital-have to operate through an LLC/Corp typicallyConventional:-require less money down (25% for investment, but down to 3.5% for FHA loan when living in it)-can do through and individual (myself)-generally better options for mortgage shopping I'm guessing (big banks, small banks, credit unions, brokers, mortgage companies, etc)But, if say I wanted to buy a storage unit business, or build one, I would need a commercial loan I'm assuming, correct?
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13 June 2023 | 0 replies
Planning to house-hack with a separate entrance to the basement where my tenant can enjoy 2 bedrooms, 1 bathroom, a living room, storage space, and a full kitchen.