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I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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Hello BP. It seems as an eternity since I embarked in this Real Estate investing adventure we share. I decided to go the buy and hold route.I will tell the tale of what seems like the longest coming rental check ever....
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As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
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What are you thoughts of investing passively through sydications and how exactly do they work, or how does the investor profit?I have a potential deal for a 80 unit apartment complex.. $25,000 min investment... 10% ca...
My husband threw this idea at me: What if we charge the tenants a little more for rent each month and gave them the 12th month for free? Here's how it would work:If rent is normally $900 per month, we charge them $982...
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I'm working on getting my first property ready for rent in west Cleveland, and I'm wondering how to handle the water bill. I know in some cities it's paid by the tenant but in others it's paid by the landlord. How is ...
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This may be a long post so please bear with me and ask questions if needed to clarify anything I have not explained clearly. I want to hopefully cover everything.
Property in WA state.
According to ...
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Imagine if you are out of college on a full scholarship. No debt. A credit score of a 709. In the interview stages for potential employers for engineering jobs. Looking to build wealth to set yourself up for more fre...
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I am a new potential investor. I'm still lurking, reading, learning here. My long term goal is to take early retirement from my company within the next 2 years, and buy a couple of multi family properties to supple...
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I have recently completed my first 8 unit BRRRR, and will be moving the primary focus of the business from flipping, and small multifamily to apartment syndication. Recently, I took my RE license test for the state of...