Hi folks,Now that I am acquiring enough rentals to have true value, I am getting worried more and more about the risk. That said, it's time to convert to LLC's (probably a little late, but better late than never).Curr...
Some of today’s most prominent thought leaders espouse the idea that fear is the only thing keeping you from success. While that may be true in many people’s lives, fear oftentimes gets an undeserved bad rap. Fear is...
It would be interesting to hear some stories from people who have house hacked in Denver area \ Boulder. Numbers, unique situations, Airbnb, renting rooms, lessons learned, property type, areas, analysis, etc. Anythin...
Hello,I was looking for some advice.Background: I have 2 rentals, both are in my name right now, they are insured and I have an umbrella policy. 1 property is under a mortgage and the other I own free and clear. My st...
So, my dilemma is I am buying a quad for 200k after property tax, vacancies, cap ex, etc it will cash flow 700. thats with 5% down owner occupant. It seems to me 200k is a lot to tie up for $700 a month profit every ...
Hello,I have always wondered how "they" do it. The rich, financially successful, and most of all worry less individuals that are in real estate. I am working on knowledge right now and found this vessel as something t...
I’ve talked to a few people with different takes one this question. If I’m looking to retire on my rental income, should I try to pay off properties ASAP and live off of cash flow or not worry about paying them off a...
I'm currently under contract on a smaller, 5-unit commercial office/retail property. 4 of the 5 leases expire in April/May of this year, and one of the contingencies of the sale closing is that 3 of those 4 soon-expir...
Hey guys,Does the BRRRR strategy work well when you have over 10 properties? I hear that it's much harder to receive loans after 10 properties. Could anyone with experience shed some light on the subject? I'm worried ...
After the interesting discussions going on here at BP, thought I would share a parallel discussion which is ongoing amongst my circle of friends:
During the housing bubble, we were watching. We have some knowledge of...