I have rental property held in an LLC (#1). The sole member of that LLC is another LLC (#2) of which I'm the sole member. So since single member LLC's are disregarded, then LLC #1 is disregarded and it all pa...
Hello my friends,I am looking in to potential options for house hacking my next property. Since multi-families are relatively expensive in my area (Danbury, CT) and hard to come by,I am thinking of renting by the room...
You can attack financial independence from one of two angles. You can create a strict timeline for achieving FIRE, or you can calculate your FIRE number and take your time with it. Which approach works best, and shoul...
For forty years I have bought and managed properties for my own account. I still have the first house I bought. In 2006 I wrote the best seller Building Wealth One House at a Time and just rewrote it. The 2nd Edition ...
Investment Info:
Single-family residence fix & flip investment in Enterprise.
Purchase price: $10,000
Cash invested: $43,000
Sale price: $110,000
Worked on the project from June to December, ...
I purchased a single family rental property with cash a few years ago. I am currently a remodeling it and need to get a loan to complete. I’m currently filling out a rental property analysis to assist with getting m...
I’m purchasing a property that is currently a duplex. Needs about 25k rehab. Dilemma: duplex comps in the area are scarce and mediocre. I was told by an appraiser that if I remodeled the property back to a single fami...
Investment Info:
Single-family residence buy & hold investment in Commerce City.
Purchase price: $305,000
Cash invested: $35,000
Currently house hacking my own home
Is purchasing an MDU an aggressive move for a first-time buyer? I live in the LA County area so the cost of housing is exorbitant and I know an MDU would require more capital. Just looking for some guidance since I'm ...
I was previously a Realtor and now I have one rental. I’m hoping to purchase a couple more rentals in the near future as well. I will say keeping your tenants happy keep it from turning over.