Hello Everyone, I am learning about the process to become a private lender and wondering if others who have done so are willing to share their experiences. How difficult is it to start and did you have a mentor to he...
I have just decided to get into real estate investing . I am a retired engineer, 37 years at Boeing. I thought that acting as a private lender would be a good place to start. I have high six figures in saving current...
“Conservative underwriting is dead.”
Rob Beardsley brings up a great point. It’s extremely difficult to be an active real estate investor in this market if you are using extremely conservative underwriting technique...
Hello all, I really appreciate all the feedback I get on my questions I ask, and try to contribute to the community with my personal advice as much as possible, but here's another question.
I have been a buy ...
A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
Hello BP, I’ve got a question I’m hoping some seasoned investors can help or give their insight . I just finished a pool cabin 4 bedroom 6 bathrooms . 4200 sq feet in gatlinburg with theatre , sauna , steam shower arc...
Let me start and people can add:1. Deeding a property in their personal name to a LLC.Why, because you now have additional costs and are getting no asset protection since your LLC didn’t buy the property (and 99% of t...
I HAVE A FRESHLY REMODELED 4BR 2 BATH HOUSE THAT I'M TRYING TO GET RENTED. I'VE SET THE PRICE A LITTLE HIGH BECAUSE OF ALL THE RENOVATIONS I'VE DONE AND PEOPLE SEEM TO BE BALKING AT THE PRICE A LITTLE. I'VE HAD LOTS O...
I began investing in syndications as a multifamily limited partner around 5 years ago, and the passive income that I'm making is enough that I was able to quit my job last week. I'm 56 years old, and I was an accredi...
I have been noticing there are a lot of posts asking about can I discriminate against this or that. I always thought of tenant screening as a job interview and I am the employer. I would phone screen them, if they m...