I owe $100K on a rental I own in my name and also have approx $100K in cash. I’ve been wanting to star an llc and move it under that, but I would burn my cash reserves to do it. Would it be better to just keep it a...
I started purchasing rental property in 2018, and I’m ready to transition to this full-time within the next 2-3 years, which means leaving my W-2.I’m posting here to gather some insight as to how to prepare myself, as...
I have a tenant who has only paid partial rent one month, extra the next month, and is short again this month. My new property manager prefers to start the eviction process once they're 1.5 months behind, rather than ...
When buying from the bank, some banks ask for proof of funds. I'm wondering if a statement from a 401K showing enough funds would suffice. Anyone ever try it?
I'm looking for advice/info/others regarding some lower-end investments in Sacramento. Specifically - I'm seeing a ton of McCuen-style fourplex condos (in North Highlands / Foothill Farms area, and also south near Flo...
I am curious to know from the BP members at what level of leverage on your real estate investments do you feel that you can sleep at night peacefully?
One of the REI books I've read said that even if you have a morta...
Hi Everyone! We have been investing for 7 -8 years now and the banks r now saying we are at a 43% debt ratio. I've always used the smaller banks but I NOW NEED a great bank not a hard money lender. We have great liqu...
I am exploring different ways to generate additional cash to use towards BBRRR and cash only home purchases. I have money in stocks and emergency funds but would like to avoid tapping into them if possible. I know the...
Hi Everyone, I am excited to be here, thank you for having me! My Husband and I are about to embark on our first adventure as landlords, renting out our primary residence next February. We have done the math and we be...