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I just want to get some opinions. For a new investor starting out, when would be a good time to get an umbrella policy? When you hit a certain number of properties? 2 houses, 6 houses.When you have a certain net worth...
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After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
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Hi all, I am a novice but highly motivated to be an investor in apartment building -my spouse & me have some cash assets around half a million dollars - my question to all the experienced & senior members is i...
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Is it worth it to have my contracts drawn up, or at least reviewed by a Real Estate Attorney. I understand the state laws regarding wholesaling in NY are tricky, but is it worth it to spend the money to have lawyers r...
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I've been presented an opportunity to provide a $40k loan on a $45k land purchase. Within 6 months the Buyer would repay the loan plus $20k (50% ROI). He'll be selling the land for $175k, making a sweet profit. Land i...
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Hi BP!! I just started utilizing BP and I got to say I really appreciated the feedback from my first post!I mentioned I had written down all my goals so I thought I would just share them with my new community of inves...
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I have a client in Reno doing two reverse 1031 exchanges and we've been able to secure some great deals putting out some cash offers (both weren't even countered). I'm curious, has anyone else done a reverse 1031 exch...
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Has anyone on the forums had experience reducing the risk of a downturn in the home market, by buying a hedge on the stock/options market?
For example, you're building or refurbing a home that will be targete...
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Good evening all.
Any thoughts on this? Is my thinking straight in regards to a sound investment and to assist in clearing my personal debt to provide more immediate cash flow?
I'm thinking of investing in the foll...
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Investment Info:
Single-family residence buy & hold investment in Bagdad.
Purchase price: $159,900
Cash invested: $41,000
Buy and hold investment purchased through the Storehouse 3:10 team. Purch...