Jeff S.
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Nick Causa
Getting crushed by HELOC interest
Quick background: We purchased a multi family that was to be a live in flip and to fund the purchase and the reno we leveraged our primary residence at the time. We moved into the live in flip and once the flip was ov...
Rishi Ramlogan
REAL return on real estate is MUCH lower than many claim here
Real estate is a good enough investment as is - why tell people fairy tales?First off, I am talking about pure passive investing. If people want to get into the real estate BUSINESS, and do all the labor that is in...
Deborah R.
Hurricane advice - LTR flooded
Who has had their rental significantly damaged by a hurricane/tornado/flooding? What's the basic steps if the house isn't habitable? I'm guessing we end the lease, contact insurance, do repairs - then relist it for ...
Carlos Lopes
Loan Pay down and breaking even on cash flow
I feel like I’ve been posting a lot lately! Something I’ve been thinking about is the benefits of loan pay down. So I’ve been listening to bigger pockets a lot, and am learning that a BRRRR method is a good method for...
JR T.
Insurance - Don't have any & not worried. Convince me I'm crazy.
I have 15 rental units and a primary residence in Frederick & Washington Counties, Maryland. Because they were acquired outright and my cash position has been continually strong since the time of the acquisitions ...
Daniel Thomas
Cashing out 401k to invest in RE
Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
Ashley Robertson
Short Sale Flipping "Illegal"??
I met with a realtor today who said she has years and years of experience in short sales and explained to her when I had been in investing years ago, I basically was flipping houses for quick cash. I would get a home ...
Christen G.
My tenant is suing me...🙄
Hey folks, looking for any experiences you can share that are similar and/or advice on how to best prepare for this upcoming Mediation date. I've never done this before.Here's the story: we inherited a Section8 tenant...
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
My wife and I just bought our second property and were considering forming an LLC for them. I just read something that said some investors opt to form an LLC for each individual property as a shield so that any lawsui...