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I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
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Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
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I currently have 1 rental property but looking for 2 more in 2014. I have a conventional mortgage on my current rental. I was urged by my RE lawyer to start an LLC for this property for protection. I live 2 hour...
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I am close to closing on my first property. I have talked to several (probably 15 or more) lenders. I have several options, including cash, to purchase my first property. My CPA is advising me to close everything poss...
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First, how many rentals do you currently own?Second, how did you acquire each of your first 10 rentals?Third, how long did it take you to get your first 10?You don't have to give a blow-by-blow account, but maybe a br...
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I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
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A worst NIGHTMARE come true. A tenant gets hurt mowing the lawn on the rental property.How do you protect from a lawsuit?Do you add something to the lease to protect yourself?
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I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
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Hello everyone, I'm from Michigan and I'm learning lease options. I've read Wendy Patton's Sandwich Lease Options book and I've seen multiple videos on YouTube including Chris Goff, Joe McCall, etc. But, having never ...
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Hey Everyone,There has been some good discussion about Gastonia lately, particularly in this thread started by @Johnny Szeto. While there has been some excellent discussion and some anecdotal evidence shared by @Ty...