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24 September 2024 | 8 replies
I would want my money to be secured by a promissory note and mortgage on the property in question, and thanks to the advice from some on here, if the property in question isn't enough to cover it, I would need to attach a lien to other property to ensure I can get my money back.
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24 September 2024 | 6 replies
If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit score - but wanted to start investing in rental properties - what would you do with 20k that falls into your lap?
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14 September 2024 | 14 replies
Hi there, my wife and I live in California and are currently under contract on our first rental property, a duplex in Bismarck, North Dakota.
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24 September 2024 | 1 reply
Example using fictional figures:We buy a 10 acre lot, taxes are $1,000We subdivide it into 10 x 1 acre lotsNo properties are built at this stage, just landDoes the tax remain at $1,000???
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24 September 2024 | 4 replies
Hello, My husband and I are starting a property management company in the Jupiter, FL area.
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24 September 2024 | 4 replies
Did I properly estimate the cash not only to buy the property but also the six month reserve funds that some lenders are requiring for non owner occupied units?
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24 September 2024 | 6 replies
The initial goal is immediate cashflow that will quickly increase as we fix-up and/or lease up the properties.
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24 September 2024 | 12 replies
I'm a Radiographer In military manufacturing and put together a budget so within a couple of years I want to take the jump into owning a property and renting it out.
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18 September 2024 | 13 replies
We built out a Diligence tool that grabs data from multiple sources ( Paid and non-paid), aggregated together to give us data on multiple properties in that matter of minutes.
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24 September 2024 | 1 reply
There are times when you don't want to own the property yourself.