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I've been watching a property on the MLS for the past 2 months.It's a duplex in an A grade neighborhood for 300K, which is well below similar listings. Redfin estimate prices its value at 350K.The MLS listing states t...
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I am looking for some advice based on what others in the community have done with their 401K’s. My first investment ever made was my 401K. At one point my wife and I were putting 15% into our 401K’s. The more I lea...
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Can someone give me a good example of how someone could overleverage themselves in Real Estate. I just don't understand how this could happen because wouldn't the bank see that and not loan you the money for the deal?
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I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
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Hi,I have numerous rentals and rehab them as an owner /builder and do a lot of the work myself but also hire out some of the work. To protect myself I am thinking about making an LLC only for operating the rehabs and ...
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Hey guys, I’ve been building a portfolio for a few years of commercial and residential properties, it’s been goin great so far until I feel like I’m running out of cash to buy new ones, currently I’m flipping some pro...
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Anyone building in and around Charlotte NC? If so what is your cost to build per sq. ft.?
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...you were in my shoes. Here's an overview of the situation but ask more clarifying questions if that helps:Decent W2 income and clearing ~$3.5k after expenses every monthDecent funds available (currently all deploye...
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So I'm ready to make the plunge. But... there is something missing.
I have the financing (father in law)
I have done the deal analysis
I have the trusted contractor and my own building experience
I'm a Real Estate age...
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Hello,
I have a little over 1m liquid, fantastic credit and no debt. And, I just got my builders license a few months ago. Also got my workers comp and home warranty approval as required by NJ.I have a architect, sma...