I bought my first investment property (a “duplex”) when I was 22. Prior to making this purchase I had to prepare for nearly two years in order to set up the necessary financial infrastructure to make this purchase. Th...
Is there any penalty for paying down a mortgage early? I'm trying to get started in DC and the down payments needed for a conventional loan is 20% however, for a standard duplex that's in the 140k-300k range. I'm not ...
I have set up a self-directed IRA account for my real estate investments. I have been approached by an investor/developer to lend second or third position on his projects (which is allowed by my SDIRA custodian as lon...
Pretty simple question, that my searches haven't turned up.I understand cash flow, expenses, and the 50% rule. I also understand that people tend to look for a certain number for Cash on Cash return (e.g. 6-10%). What...
Hello BP,Does anyone have any experience demolishing and rebuilding landscape retaining walls? I have a wall that needs to be taken down and rebuilt (or graded) and I'm wondering what my options are in terms of puttin...
This post is for LONG TERM BUY AND HOLD RESIDENTIAL REAL ESTATE INVESTMENTS.First, let's bench mark the range of options so we can put in context any potential opportunity: - CDs and some savings accounts are back to ...
Hello,Long time lurker, first time poster.Short background on me - I've been buying & renting properties for nearly 12 years. I've brought my wife into the mix, and we now have a total of 9 units across 7 properti...
Hello, my name is Kale Johnson and I'm a young aspiring real estate investor out of California looking to start my journey of obtaining cash-flowing LTRs. I talked just recently with a trusted broker I know out of the...
I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...
Hey folks!I just wanted to quickly introduce myself, my name is Kamran and I've lived in the suburban areas on and off for a handful of years. My background is in tech, I own a few different businesses in that space. ...