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For the last 15 years I have been answering questions from unknowledgeable wanna be investors who watched a guru on YouTube and now wants to know where to get the earnest money to tie up multi million dollar propertie...
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Hey BP!Prospective investor here. I'm right at the beginning of my journey in REI! I've gotten some great advice so far and am thrilled to have you all as a resource. One of the best pieces of advice I have gotten so ...
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Hi all -I'm evaluating a short sale with the intention to BRRRR it. I'm currently "house hacking" a 4-plex. This would be my first short sale and BRRRR. I could use some help checking my numbers / plan...Property deta...
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I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
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Hi, everyone. I got a mailer recently from a company (that I don't want to be accused of promoting) which offers to give you an equity loan with zero percent interest and no monthly payments. I was dubious to say the ...
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I've been reading a lot lately about investing in real estate. I'm considering transitioning the bond allocation in my portfolio to real estate if I can get a 10% net return on my investment.
My big concern is that I...
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FolksMy seller isn't acting in good faith on this SFM property in a NYC borough I'm trying to buy. There is a provision in the title where she can cancel contract if it's over $500 and it's about $5000 but I've agreed...
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WTH!
While working a potential offer on a property, a suggestion to my agent prompted this response from him:
[i]
While it sounds like a good idea the law prohibits the marketing of properties for sale or lease unle...
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Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...
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I have about 44k tied up in this house. Own it out right, remodeled everything. The house is maybe worth 55k on the open market. Would rent for around $900 monthly.How exactly does "rent to own" work? As I understand ...