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Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
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I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...
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I own a house and I have one rental. I'm looking for a second rental. Will a bank give me a portfolio loan to buy a house? I'm looking at houses in the $80000 range and lower. Credit is like a 720. Can any banking pro...
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It was the topic of saving that got me started on a journey that eventually led me to be interested in real estate. It has been the cornerstone for me as I have followed the advice of the books I had read (like The se...
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What is the biggest drawback/limitation to being a realtor compared to being a real estate investor?
Well. I lost my job today. Nope, I didn't quit. I was laid off. I was working for a company called Gulfstream. They had to lay off 1,100 employees, and I was one of the unlucky chosen. So... What to do now?I really wa...
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Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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Assuming you have a corporate job with employer matching 401k, would you save money for down payment for real estate investment or would you invest in 401k?I understand this question can be answered differently depend...
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It’s always exciting to buy an off-market multifamily property, and even more exciting when the Houston Business Journal runs a story on it!
The property is a 140 unit class-C apartment complex in the Houston...