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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
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Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...
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I'm a newbie from CA trying to invest in my first rental property in TX or some other states with healthy RE market (good cash flow and landlord friendly). After doing a lot of research, I heard a lot of different opi...
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Hey Everyone,My wife and I are having a very lively debate about turnkey vs. non-turnkey. Hearing all the turnkey success stories really fuels the debate but then I go in and read an inordinate number of thread where...
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Lets get creative!!
I currently own a townhome in Texas that is leased through summer 2024. The property has appreciated since my purchase and rates are also in the mid 7s vs the 2.875% 30 year fixed that I have.
I'...
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I'll admit, I'm totally confused about easy permits and the required inspections. It was our understanding, per 2 different professionals (an architect & licensed GC), that we do NOT need rough inspections when do...
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Background:
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...
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Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
Hey Family, So, I've watched every single youtube video and ready every single article; I'm talking months on end regarding wholesaling a property but most have been on properties valued at $150,000k or less.
Today, ...
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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...