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13 October 2018 | 2 replies
Little to none of your money is possible, if you have a network of people that believe in what you're doing and are willing to be involved as an investor.
25 October 2018 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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14 October 2018 | 11 replies
Gave me practical experience finding deals (and the tools & techniques involved), working with realtors, lawyers and banks, appraisals, inspections, insurance, property taxes, utilities, closings, HUD statements, etc.Owning a home gave me more practical experience in basic to moderate home repair, dealing with contractors for more complicated issues, capital improvements, insurance claims, "neighbor relations", and many more important aspects involved with owning property.But in addition to buying and owning my own home, I'll say what was equally important to giving me confidence to get started was having a few friends who were already doing what I wanted to do.
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24 October 2018 | 16 replies
I have attracted multiple accredited investors and plan to structure a deal with them before I fund a deal with non- accredited investors.
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14 October 2018 | 4 replies
We can't answer without knowing how you are involved in real estate or how old your kids are, but here are some ideas:1.
14 October 2018 | 9 replies
Your interest rate is very attractive and you are getting multiple benefits from owning the property (income, tax break, mortgage pay down, appreciation, and leverage).Personally, I would probably find away to hold on to the property unless you had a more attractive investment opportunity.
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14 October 2018 | 9 replies
You've been warned.Now, after reading multiple books on the subject, consulting with multiple attorneys, I would look into the following setup that would give you the most flexibility:Create a living trust for yourself.
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14 October 2018 | 6 replies
Do it yourself unless you have fully vetted an agent and spoken with multiple landlords that have used them.
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15 October 2018 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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14 October 2018 | 1 reply
And there are multiple factors that go into this rent calculation.I am a DIY landlord.