Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
What's the connection?
I was at a graduation recently where the commencement speaker announced future plans for each of the Math graduates as they received their diplomas. As I expected, many were headed to ...
Hi BP!I currently have one rental property (primary residence turned rental) and this will be my true investment property purchase and wanted to make sure I'm on the right track.Anyway, my agent who is also a builder/...
So, I don't own any investment properties yet, but since I'm already very busy with my main business I'm considering using property management right from the start. The metro area I'm investing in is located in Iowa, ...
When I bought into San Francisco 10 years ago, after 20% down, I was still losing $1K ish per month per door.... I had to work my day job and saved every penny to support my real estate enthusiam..... But I had hope a...
I made an offer this weekend on a property that was priced too high to make a profit. Listed for 320k, with rental comps around $2500/mo, which would cashflow negatively ~$500/mo, no thanks! ARV was 400k on this and i...
"Oh, THAT neighborhood? It's definitely going to be the next Lawrenceville."
I hear this said ALL. THE. TIME. And yet somehow it always seems to be a different neighborhood. Sure there's some overlap in answers. But ...
Hi! I would appreciate suggestions about forming LLCs. I plan on doing most buy and hold investing. I will buy single family homes and rent them out.Should I form one big LLC for everything? Or should I form one LLC p...
I just spent 3 days at a Fortune Builders seminar as a newbie. It cost $100 each for me and a friend.
I feel I got more than $100 value from it. Highlights:
Forming my LLC in Nevada because of the stronger corpora...
Hi all, first time posting here.I have been listening to the BiggerPocket podcast for a few months and would like to get my feet wet.There is an opportunity, close to where I live in Los Angeles, which asks for 2M. In...