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I am thinking of taking out a Home Equity Line of Credit to use as a down payment and then getting a Mortgage to cover the rest. Is this a good way to get started? Any downfalls or is there a better way without having...
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So I’m saving up to buy my first rental in 2020. I have a wife and a kid on the way, and I’m a newbie. I’m currently writing down sort of a 5-year rental property plan, and I want to hear your thoughts on a principle ...
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I am thinking of weather operating my llc that I am about to form as owned by just me or include my wife as partner. Which one would be more rewarding for tax purposes.
What I know so far is if I am the only member I...
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Greetings Pro Members,A person I have known for five years and who early on in my career acted as both a mentor and coach for me got me interested in being one of several private investors in a high end flip he and hi...
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Is 30k enough to rehab a 3bed 2bath 1,300sft single family home? If there is no major problems...will 30k work for new flooring, outside and inside paint, electrical, plumbing, HVAC, kitchen, bathroom, appliances, fix...
I am new to investing and have discovered the lucrative rewards real estate can offer. However, I am still unsure of my career path. What would be a smarter decision: becoming a property manager working for a company ...
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I'm looking at a property with an in-ground pool. The pool is well-maintained and the property is well-priced. The numbers, even minus $100 for monthly pool service, are still good.I'm concerned though, especially if ...
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Your goals and outcomes in life are nothing but compounded habits. Focus on doing the activities that will help you find your passion and one day lead you become the person that you intend to be. There is something sa...
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Hi All,I currently live in Boston and I'm looking at a few places in Baltimore to buy and rent out. The issue, obviously, is that I'm FAR from Baltimore, so finding and managing these properties will be pretty diffic...
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Hello BP,
My father who is my private money lender has required me to focus on my city of Toledo. I currently own 15 units of small multifamily here and I only buy B class properties. These properties are hard to c...