Hi everyone! I am a new investor and I am in a situation that I don't know what to do. I found an apartment 2/2 900+ sf for 35k. Its in S Florida. It rents for $1000-$1150 and the HOA is 330. Tax is just $800. The cat...
Let’s face it, for those of us in the business we knew a correction was coming. This hard this fast was beyond the prediction of most if not all of us. We knew the party had to end one day but, the awakening was rude ...
I redoing a small kitchen for a first rental. I want to try to save some money on the countertops. I got an estimate from lowes for laminate counters uninstalled for $1700. It's seems really high for laminate. Does...
Shorting REITS?,shorting banks, purchasing delinquent taxes?
I have come across an opportunity to purchase a rental home from a friend. Currently has a long time tenant (8 years in the home and re-signed another year lease in December) paying $1600 per month. The house is value...
Hello All Member,
In such critical time so many people are in debt and want to move out of it. One of my friend also has debt and she is in such critical situation. Though she has a good job but she can not save as m...
Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure...
Hi All, Someone moved in to my first rental property. She is struggling to pay rent on time. its only the first month. I asked for the first and last rent and she is still short. Any advice on how to move forward? I h...
How does a Deferred Sales Trust work? Is it better than a 1031 exchange ?
Hey folks,
I'm thinking of switching all my banking to a completely online bank, Ally. Anyone else done this? I'm thinking that perhaps, because they are online only, I can do more from my house without alway...