I have about 40K in equity in my home that I was planning on pulling out to get started in investing any suggestions?
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
I didnt know where to put this. I did some searching on the forum and found nothing on this topic. So heres the question. Well with a small background first.
My wife and I own and run a small property management b...
I have been wanting to have a rental property for years, or even vacation rental. My wife has been onboard with vacation home for a couple of years. It is in a place where we want to retire. (15-20 years from now)....
I need an opinion:
Do I create an LLC that is solely for wholesaling such as We Buy Houses LLC or do, I create a general LLC for all real estate services such as Lakeshore Realty LLC? And do wholesale deals under Lak...
Is anyone doing something like Reverse STR / AirBnB Arbitrage..
I don't know if this has an actual name already but I just called it that. Basically, you purchase a rental for consistent long term rental cash flow. Y...
I think we should all think big and I'm sure most of you do. Those who already have a very well-established business, do you have a department dedicated to marketing? Those with plans to go big, is setting up a market...
Hi,
Imagine the following setup:
->TexasSeriesLLC that holds no assets and serves as the "parent" LLC, single member (me), member-managed, has its own EIN and bank account.
---->Cell1 - a protected series of ...
Hello everybody,
Just starting out on BP and starting to lay some groundwork internally to enter REI. That being said, my primary mission right now is saving capital, increasing liquidity and lowering personal overh...
So, i'm scouring Loopnet for commercial multi-family opportunities. I've noticed that many of the properties that list brief financials on loopnet have terrible overhead/operating expense ratios.
For example a huge 2...