I'm about a week away from forming an LLC for the purpose of flipping when I just got off the phone with the Vice President of a prominent bank in my area.
Apparently she received numerous communi...
Philadelphia is proving to be a tougher nut to crack than anticipated. Everything desirable is too high for me, since I would like to pay cash (max 250k) (bad credit risk due to no income) Kensington seems to have s...
Hi all, I am new to this space and although I have been passively exploring RE to improve my knowledge I haven’t invested yet and need some direction. I have 200-250k in liquid and I want to put that money to work. My...
Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
Hi everyone, my husband and I finished reading "Rich Dad Poor Dad" last month, and since then we have been watching youtube videos/listening to podcasts every day about investing. I also signed up for an online Robert...
I've read the conspiracy theories about GLD's gold bars missing from the vault, tungsten filled gold bars, and the fact that GLD will not redeem for physical gold. Most of this seems to be rumor, except for the last o...
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
Hi guys, Another question! I'm in California- where I hear has the WORST landlord friendly laws. It sounds miserable. If anyone has any horror stories, please share! even though it will probably scare me and add to my...
I have a tenant in an out of state property which I am self managing. She put in a maintenance request through Latchel (the RentRedi maintenance management system) for a leaky pipe in the (unfinished) basement. They r...
I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...