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Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...
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Hello Everyone,A partner(@Alex Royster) and I are currently educating ourselves on the RE investing business and hope to soon buy our first rental property. We are looking to invest in the Charlotte area where my part...
I am an American/Houstonian, currently living overseas. I have $300K cash to invest in properties. My Plan A has always been to buy as many SFH as I can, and then let a PM manage them for me. I'm a buy & hold kind...
After listening to the podcast with Ken McElroy, I bought Ken's book, The ABC's of Real Estate Investing, and it's phenomenal!
I have a quick question though. There is one section where he poses a hypothetical dialog...
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Hey BP!
I'm looking into creating a real estate company that makes home ownership affordable and simple for individuals in Detroit, Michigan who may not qualify for a traditional mortgage- or who THINK they may not q...
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We're looking to add property to our portfolio. I currently can no longer qualify for any conventional financing due to DTI requirements, however, my wife is NOT on the title or note of any of our holdings. Therefore,...
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Hi all
So I've been putting up bandit signs for the last few weeks. Around 60- 70 every weekend. My response is really low, this weekend I only got 3 calls!
I put my 18x24 bandit signs at busy highway sections, exit...
I good friend and I have discussed flipping houses before but never created an LLC or invested. He has attended some auctions and saw some interesting properties. We have finally come to a point where we are ready to...
Short form: I suspect my tenants of "faking" water in the master bath / bedroom. We had redone the entire bathroom while living there, and did not notice any water issues. Tenant has been in 2 years with no water issu...
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I own a duplex in Austin, very close to the Domain (an ever expanding area, even during the pandemic). I got it at a great price about 5 years ago, due to its foundation issues.
During the sale, our real estate agent...