Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...
I've posted this in the "Real Estate Success Stories" forum but perhaps its would fit better in the "Real Estate Life Lessons Forum".There is a ton of talk in the media but also on these forums of the precariousness o...
How many of you have tenants paying $600 and under who aren't living at or below the poverty line? Don't take offense. I'm well aware that $600 can rent some nice units and is enough for a mortgage payment in some ...
Hello BPers,For those of you who have become syndicators, I'm assuming at some point you started as an independent investor. How many personal deals did you do before your first syndication? Did you rely mostly on fam...
I would like to hear some fresh perspectives and ideas from the community on how to go about making this a feasible situation. Since all I can do during my capital accumulation phase is read and think about REI, I end...
1) Partner w/ Experts (Credibility) - Partnering with someone that has a track record helps a ton. My credibility as a person yes but had I said this was my first project, I'm sure my success would not have been so s...
Do you use one LLC for all of your investment properties or one for each property? If not an LLC, which entity do you use and why? Doesn't the added cost of maintaining an LLC substantially eat into profit, especially...
So my dad is currently 55 years old and has been unemployed for the past 8 months. He's been in the hotel industry his whole life but was let go from his job back in May and is struggling both financially and mental...
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...