18 December 2018 | 10 replies
If they don't have the cabinets you're looking for in stock they can do a semi custom cabinet that you can order for just a little more money then their regular price stuff.
14 September 2018 | 2 replies
My husband and I are wanting to get a multi-family and are thinking a great way to get my brother involved is the following: My brother would get an FHA loan for a triplex or 4-plex in FloridaI would put the 3.5% down payment as a co-borrowerMy brother and his fiancé would live in one of the units for a few years rent free so they can save money for a houseMy brother would manage the property by showing units, cleaning them when someone moves out, and as much maintenance as he can handle on his ownI would handle the finances paying the mortgage using the cash flow and keep the profits since my brother is living rent freeMy brother would move out eventually (2 or 3 years later) and we would refinance into a regular mortgage so that he can get another FHA loanWe would begin splitting all profits 50/50 once he moves outMy question is, has anyone reading this done this before?
5 September 2018 | 2 replies
The securities laws require any publicly-sold securities to be registered, which is an expensive process.
2 October 2018 | 5 replies
I would network regularly and learn the market as well as I could.
6 September 2018 | 19 replies
Were you able to secure a long trail of historical rent rolls before purchasing?
5 September 2018 | 5 replies
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
7 September 2018 | 4 replies
We both also work a regular 9-5 job.
5 September 2018 | 5 replies
Also, worst case scenario is if you leave secure job, and lose your $80k in BRRRR.
13 September 2018 | 9 replies
If you want to invest, do it after you secure your home.
5 September 2018 | 3 replies
If you do not have a track record then you may need to figure out what you can do to help provide a little more security.