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I have a rental with significant equity. Have idle funds that I am debating using to pay off the mortgage on the rental property. Any thoughts on the pros and cons. Property cash flows as is.
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Hi all, My wife and I just started renting out our furnished unit the beginning of this year and were lucky enough to get a tenant in right at the start of the year until the middle of June 2023. With that being said,...
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Building a duplex and applying for a construction loan. We own the land free and clear. We will be using the land as collateral for down payment on construction loan. The cost to build is about $180k and the land is v...
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I am a licensed general contractor and am also working on my real estate license. I haven't done any flips yet but have been learning as much as I can as I prepare to begin. I read J Scott's book on flipping and t...
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Hi All.
Just wanted to make a quick introduction. My name is Warren Foster and I am a retired US Army Officer, currently working and living with my wife and kids over in the Middle East. We have been here for more th...
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Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
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I make around $100k from full time job. I own two Short term Rental unitsI own two long term rental units. I plan to continue to buy rental or commercial property. Should I hire a CPA, a bookkeeper, or just do that my...
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Hi Everyone,I was scanning deals today and noticed a single family property that I thought might be a good candidate to have a seemingly redundant living room converted to a studio apartment. Can anyone provide some ...
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Hi, I am on the verge of a new marketing plan that will cost about 25k for 6 months. It is primarily direct mail. My question would be how would you use the 25k in order to scale your wholesaling business quickly?
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I need a little advise here, So my wife and I live in a relatively expensive area on the central coast of California. We bout a 1900 square foot two story home last year (Easter weekend to be exact). It has allot of p...