Hi, I’m based in Everett WA and investing in multi family properties. The high purchase prices are causing me to look at eastern Washington. I’ve found a few duplexes out there that look like good cash flow but I don’...
I'm just getting started on my REI journey. Like most, I've read several books and listened to hours of videos and podcasts. I don't think I've seen this exact situation discussed. My sister lives in Michigan but ...
Good afternoon!I am wondering if anybody has some insight on homeowners insurance that is not going to break the bank. I am moving into a 3 Unit Multifamily property that i am closing on relatively soon. I am shoppi...
Hi all!
Wanted to see where everyone gets most of their education on creative financing, mortgages, contracts, notes, you know learning the rules of the financing game--not really anything that has to do with financi...
Hey Everyone,I am looking for feedback from those who have scaled a short term rental business. 20+ Airbnbs. questions:-what does your team look like?-how often do you do a “market survey” to check other properties?-h...
Hey. Just wanted to share some pictures of a recent rehab we did. The place was originally rented out for $400. Smelly, cramped, dirty, and did I mention smelly? Well, we went in and knocked down the walls since there...
Hello,
I am going to be setting up a SDIRA this week to purchase my first rental property. Currently I invest in mostly stocks within my ROTH IRA, which I will be rolling over into the SDIRA.
My question is this;
...
I'm both a Quicken user (need to upgrade soon) and a Quickbooks user.We recently purchased our first cash flowing property. If I were putting in an LLC, no question, I would use Quickbooks. But since we currently own ...
Recently bought a rental that I am living in and will start to renting it out early next year. I’ve done my calculations and have seen that I will be breaking even with this investment day one. On a rental that’s not ...
I have been thinking about setting up a new account specific for my duplex. A checking account for rental income/paying the mortgage, and then a savings account to cover any maintenance or repairs. Does anyone have an...