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Ok, I have a friend that I am going to "hire" to help out with raising capital and kind of be my wingman. I have a huge problem networking and meeting people but I do not have a problem once I am introduced at maki...
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After answering this Q for the 100th client, I decided to make the answer public. The situation: You are one of the two partners, and you work pretty much full-time as the project manager for the company. Your partner...
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I am a few days behind, but we purchased rental #36. it's a little different, but i love when the number increases, no matter how it happens..We have lived in the current house for 17 yrs and over the last year starte...
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I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...
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If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
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Hi all!First off, thank you to BiggerPockets for all the amazing content you produce. The handful of YouTubes plus Dave M.'s webinar on multi-family have already taught me so much. 🙏🏻A bit about me:ATX > Columbus (...
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So as a newbie, I want to get started with a property that I'm familiar with. Here's the basics of the deal. Traverse City, MI. Great location close to downtown and Grand Traverse Bay. 700 sq ft, 2 bed 1 bath. Sitting...
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BP – I would love your input on any of the following points (1, 2, 3, 4, 5)
I am excited to be at this stage but wonder if I am a little ahead of myself. I have scheduled a HELOC meeting with the bank as I would lik...
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I know this has been discussed in the form of how much debt should I carry and other similar topics. So I am applying for a cash out refi with a local bank (commercial dept) and they had me fill out a financial statem...
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Hey all,
i ve gotten a boatload of great information here on this board regarding real estate. Now I dont know where to turn to short of visiting my CPA. which is going to be costly. what im looking for is folks with...