Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
I live in California and I have been looking for a place to invest that has cheaper homes than the $500,000 homes where I live. I have searched all over using Zillow and one of the states I am considering investing in...
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
Hi all,
My Realtor found a great rental that she was going to buy but doesn't want to stretch herself too thin and told me about it. I would be a newbie at this and have no moola. Would it be a good idea to use hard m...
In this time of COVID I'm looking at purchasing extra property but am looking at getting the downpayment from cash refinancing properties. I listen to several podcasts aside from Bigger Pockets- Real Estate Guys and J...
All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...
Do most properties you buy cash flow positive? What percentage of properties that you purchase will cash flow positive when rented out? 95%, 90%, 80% or less? What is the risk of buying a property that does not cash f...