Kevin Rock
Ready to start the investing journey
14 May 2024 | 9 replies
You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.
Demiss Shippley
House Hacking in NYC
14 May 2024 | 7 replies
Conceptually think of house hacking in the NYC metro as a reduction in rent.It all boils down to the numbers, but if the direct property costs (mortgage + insurance + tax + capex/repairs + vacancy) - the income (rental income) is less than your rent, you are effectively saving yourself money, aka "rent saving"I did this in 2014 in Westchester county (different location, different time, different market), but effectively cut my rent in half.Regarding Basit's suggestion, I would follow this ONLY if your cashflow from the other market is greater than the "rent saving" in NYC on a per dollar invested basis.Joe
Joe Merullo
Incorporation Advice Needed
13 May 2024 | 2 replies
Hey all, first post here and excited to be a part of the community.I would like advice from experienced investors on their recommended incorporation structure for a business that will raise money from external investors to use in funding equity requirements of lenders in in fix/flips and BRRRR rentals.
Tyquan Fleming
Hard Money Lenders
9 May 2024 | 11 replies
Where do I locate hard money lenders in the state of Arkansas or near by and would experience be a huge problem when it comes to creating the partnership?
Malik K.
Point Breeze/Gray’s Ferry vs Port Richmond
10 May 2024 | 3 replies
Now the Bellwether District is a long ways away but they slowly are making progress and UPenn is constantly expanding and throwing money at new developments.
AJ P.
To Paint Trim & Doors or Not
14 May 2024 | 15 replies
Primer ensures no bleed through and paint can bond properly since you could br going oil/ stain to latex paint We find that getting bonding primer helps when painting wood trim and even paneling over the standard primer . . a little more money but it holds the paint and prevents pulling it off with tape.
Collin Hays
Games VRBO plays
13 May 2024 | 11 replies
Absolute power corrupts, particularly if there is money involved.
Sam R.
Converting coin laundry to card laundry
13 May 2024 | 38 replies
Perhaps a hidden surveillance system to catch the culprit will be money better spent.
Ethan Combs
Need a little help!
13 May 2024 | 5 replies
Perhaps you can get a friend to lend you money as debt loan until your refinance or pull out a heloc.
Brandon Elliott-Pandey
Your Policy on Hiring Friends???
14 May 2024 | 13 replies
(The second was a restaurant and its building that the partner just disappeared and abandoned the whole shebang and left us who were supposed to be silent money partners to run the business.