How many of you rehab, invest etc... in real estate full time? I have currently a full time job, have not made a deal yet and I'm wondering how most people make the jump over. Is it just leap of faith?
Needless to sa...
After purchasing multiple parks and managing them over the past few years here's my synopsis of the pros and cons of owning a park. What has been your experience?
Pros:
Steady Income: One of the biggest advantages ...
What do banks look for? Are there any loan officers/underwriters here that can chime in?
Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...
Hi AllI have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month in advance for a 1 year lease. So she will put down 1st 3 mo...
We own our home in a quiet little touristy town. I'm working now on getting it put into an LLC primarily for asset protection since we are renting out the attached Mother-in-law apartment as a STVR. Additionally, the...
Given the following factors, what would be the best way to set myself up for long-term financial stability? Warning: possible dumb questions ahead, I’m new. * I have a stable job making a little over $100k a year, a...
Hi Guys!!
Quick backstory about me. I have worked in the aerospace engineering industry for 8+ years. I quickly saw that path led to a long miserable 30-40 year career with little freedom and flexibility to find ...
I understand that rental payments for property owned by my SDIRA account (custodian, not LLC-type) need to be handled in an 'arm's length' fashion. I haven’t found a property management software that will collect the ...
*My husband and I are fairly new to real estate investing and are both Active Duty stationed in D.C.*Background: We want to purchase my husband's grandparents' house in MO that sits on family land. The house itself is...
Hey Guys. Long time lurker, first time poster. This is defiantly going to vary from person to person, but when did you all feel it was the right time to pursue real estate investing full time, and leave your salaried ...