Fast forward 20 years from first reading Rich Dad Poor Dad, I've built up a portfolio of 50 rental houses, a 10-plex, a couple office buildings, and a tax-free annual net profit of around $200k. I've achieved my drea...
I own and manage a duplex built in 1900, old house, tons of holes. The upper unit (floors 2 & 3) is occupied by tenants with a 12-month lease and the lower unit is short term rentals (Airbnb). The upper unit has m...
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. And to be honest, I feel the need to generate a specific post on this, since ...
Hello everybody! I didn't really see a more applicable forum, so am posting this here. If I missed a better one mods feel free to move it or let me know.
Short Version (Because I can get wordy!):
Any suggestions o...
Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
Hey B-Peeps! Wanted to do a quick update after leaving my W-2 job 18 months ago today, with some reflections on what those 18 months have looked like and where I'm headed from here.Quick background: I got started in R...
So me and my wife currently have 8 units currently rented, 6 homes and a duplex. The question I have is I was watching Grant Cardone and he was saying to never rent single family homes but to sell homes and rent apart...
Hello,
There are some attorneys doing videos suggesting each and every rental property be in an LLC and they recommend Wyoming LLCs. One refers to a woman who lost all of her rental properties and personal home be...
My partner (@Joseph Cameron) and I recently attended a seminar about real estate investing thinking we were going to get to network with other newbies and get help from some seasoned investors. Instead we sat through ...
Now that the hedge fund managers are ready to cash out on their SFR rampage, I wanted to take a look at some of their numbers. Is it a deal or no deal? Here is a quick, back of the envelope analysis, based on the a...