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4 February 2025 | 3 replies
For the second property, I would expect to have to put money into it in some fashion.
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19 January 2025 | 269 replies
We got bank financing on this property and having a local bank doing DD on the property to protect their own money seemed like a sensible way of double checking your own DD!
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7 February 2025 | 14 replies
You do not need a separate LLC for each property!
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30 January 2025 | 6 replies
Quote from @Max Pergament: Quote from @Matthew Irish-Jones:Licensed and insured to manage third-party properties.
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1 February 2025 | 2 replies
@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance.
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31 January 2025 | 1 reply
Now I'd like to sell.I originally wanted to put apartments or several houses, but not anymore, cuz I want to do more hiking, biking, and Netflix-ing, and less scheming.So do I sell as a rental property or as land?
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24 February 2025 | 17 replies
Financing is also easier since lenders prefer predictable rental income over the fluctuations of STRs or MTRs.Short-Term Rentals (STRs) and Mid-Term Rentals (MTRs) can be lucrative but require more hands-on management.
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29 January 2025 | 28 replies
Quote from @Benjamin Blunt: What are the best strategies or tools that you use to find Off-Market Properties?
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6 February 2025 | 12 replies
Rich Dad, Poor Dad is a great mindset shift, and The Book on Rental Property Investing is a solid next step!
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30 January 2025 | 19 replies
I was looking for some advice (viable target areas in Cleveland or Ohio in general, financing options and credible PM/realtor contacts) from the experts here though especially if you are in a similar boat as mine (reside in Canada/Ontario area and invest in US).