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I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
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Hey everyone,I'm starting a wholesaling business In New York and just formed an LLC. I've been doing some research regarding the legality of it and I'm a bit concerned. A lot of the forums I read seem to deal with thi...
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I grossly underestimated maintenance and make ready costs for my KCMO portfolio. Operating costs are through the roof and net income is non-existent in my first year of business. I started with 2 SFH turnkeys which ha...
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I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...
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No Debt Is Freedom
Consider this:
Your money working for You when you own a residential rental property investment. The tenant goes to work each day to pay you to live at your real estate investment.
However, You a...
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I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
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@J Scott inspired me with his diary of a new construction project to do one of my own. So not to be outdone, I'm actually going to do two. This one will be for a project that we have recently completed. I'll add ne...
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Slightly high maintenance tenant brought cats into one of my SFHs. My property manager told them not allowed. They said they removed them. Months later a German Shepard is reported there by neighbors ( my best propert...
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Im new to investing and thinking about the BRRRR strategy. When cash refinancing a property, the “New loan” after the refinance is higher so doesnt that decrease your cash flow?I understand that you are taking the cas...
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I see so many comments that tile showers are better than shower inserts.For ease of installation as well as cleaning and mold/mildew resistance, I like a shower insert better. While I'm taking a shower, I don't look a...