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dumb newbie questions still....So I'm looking at a 4plex for house hacking I plan on paying my portion of the rent into it as well as deducting 8-10% for management even though I'm going to own/occupy. I think also 10...
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Hi all. Any and all advice is appreciated! Quick backstory: Tenants have been in place for almost a year and have always paid reliably, and on time. They did so by sending money orders because I haven't figured out th...
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Hello everyone and thank you in advance for your answers and insight.I'm looking at a SFR REO property-3/1, 994 sq ft, 9600 lot size. NOD deed was for $98k. It was on market for $70k and now down to $62k. Comps are ...
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Hello all,
I'm so excited. I talked to a seller on Tuesday Nov 29th, went on the appt Thursday Dec 1st and got the contract signed this morning Monday Dec 5th!! I am overjoyed! I'm currently looking for a buyer which...
If your son or daughter came to you seriously wanting to learn to invest in real estate, what skills would you recommend they develop and how might you suggest they develop them?
There are many skills that can help a...
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There is a REI club in my area called Lifestyles Unlimited. I have had a lender, who presents material at these meetings recommend them to me and recently had a random phone call with a potential client (I found out h...
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In a couple of weeks I'll be getting my RE license and I look forward to jumping right in. After spending a year in the wholesaling world and working with a bunch of agents, I learned more about what I don't want in a...
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I am looking to take advantage of cost seg for a 2 unit MF property - which has tenants for long term rental (let's call this property A)I know that in order to take advantage of cost segregation, there are no speci...
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Maybe I’m different than most, in the way I learn. I’m not a fan of people talking from a pulpit, or claiming expertise in a field they only read about. I learn from listening to others experience - the good, the bad ...
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I am financing my first flip with my own money. I took out a Loan on my 401k and paying myself 6.5 interest. I also took out a Heloc on my home at 4.5 interest. I also have a 14 month zero interest Credit card to buy ...