I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
I live in MD and am focusing on properties in both MD and NC. I've owned one rental for a few years now and want to expand. I have contacted several lawyers in an attempt to set up my LLC; however, can't get any to ...
I would like to hear others input on this matter. Do you believe being an investor is a either you have it or don't have it skill?
I have owned 2 duplexes for 4 years. I thought I had done my research...read guru type books. I didn't come across sites like this until a couple years ago. Neither property meets the 2% rule. They have positive cash ...
My circumstances (by choice) have me staying where I currently live another 4 years or so. Multi-family homes (if any are even available) are through the roof, as are taxes, and it's very competitive.My goal at this ...
A run down house in a good neighborhood is for sale at $230K. It has already been reduced by $20K, but I think the renovation costs will be quite substantial given the list of things that need to be replaced inside a...
I connected with someone that I don't know personally who was looking for an investment partner. He is a broker but can't get qualify to cover the purchase of a property he wants to fix and flip. First we thought we...
I am entirely new at investing but my family has been involved in this industry for quite some time. Now that I am in a position to infiltrate this industry I am ready to jump in both feet first. How big of a property...
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
For about 2 1/2 years, I have been Self-Employed. According to my tax return, last year I broke even. While my income has increased drastically this year, I will still have some deductions. I've been thinking about fi...