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15 September 2021 | 24 replies
I wish it wasn't.What's probably going to happen now is that you'll carry around this experience and the grudge it engenders for the rest of your life, and after you buy a house, the next time a politician stands up and starts talking about tenant rights and rent control and rent moratoriums, you'll nod along, and bad things will happen to landlords, and we'll all scream bloody murder here and in other forums on how unfair, unfair, unfair it is that people hate landlords so much.How much we contributed as a group to bringing the public outrage on ourselves through unethical, grasping business practices like this, well, that won't be as enthusiastically discussed.
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13 September 2021 | 9 replies
I’m learning as much as I can about investing while on this one year journey from reading books listening to podcasts and practicing analyzing properties while I have internet approximately once a month for a few days.I’m originally located in Orlando, FL and plan to purchase a 4-plex to start house hacking with once I’m home.Long term goal is to have a portfolio of multifamily properties.
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23 September 2021 | 5 replies
The only real disadvantage is there is a governing body to answer to if you're into shady business practices.
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11 September 2021 | 1 reply
I ask this because the real question I have for you, is the answer to your question...or at least the question you should be asking.Here's the question you should be asking: If I (you) do the following (fill in here what you wrote above...all of it), from a practical and financial standpoint, what is the one thing I need to realize and establish, in order for it to work?
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13 September 2021 | 13 replies
@Taylor L. thank you so much for the practicality there.
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13 September 2021 | 3 replies
When I was practicing analyzing a property, I double-counted taxes and insurance because they were included as part of the monthly payment by the mortgage calculator I was using.
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30 September 2021 | 8 replies
@Jonathan Choyce Congress is considering changes to the regulations that could impact how you can invest your SDIRA.
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14 September 2021 | 5 replies
My personal favorite is "Every Landlord's Legal Guide" by NOLO because it includes a lot of practical advice but it also has your state-specific laws.
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20 September 2021 | 2 replies
We share a lot of trust and I'm confident we will be good partners but we should also be practical and consider what would happen if one of us needed to cash out, if one of us got divorced, etc.More experienced investors - do you always handle this through an LLC?