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Hello All, I am seeking advice on whether to sell a rental condo or not. The condo is located outside Charleston, SC in a sought after area with a great school district and has always rented quickly. I purchased thi...
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Hi all, I'm fairly new to the world of real estate investing but have been enamored with the idea for the past 4 years. Within those 4 years, I feel like I've dug through enough information to just slightly grasp what...
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I have recently purchased a few rental properties with a partner. One property is in his name and the other two in my name. We just submitted the paperwork for our LLC. I've read on here and have been told the best t...
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Hey all - I'm starting my trek into REI! I've been listening, reading and brainstorming, and have a few ideas to get started. I wanted to validate some of my thoughts, gather feedback, and potentially make some mutual...
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My Father has a 401k that he isn't using for income at all. Next year he will have to start taking minimum distributions from it.I'm interested in acquiring real estate using the BRRRR strategy. Is there any way to ...
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Summary
Property took 1 year to sellProperty went under contract 3 times with different buyersWinter freezing temps - water pipe burst ruined our renovation and we had to start all over againWhat We Should Have Done
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My wife and I are looking into purchasing our first home. We have recently been introduced to BiggerPockets. We are eager to try the principles taught in this community. It seems we can't find a property that fits the...
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Yesterday I signed the paperwork on a 25 year lease with option to buy. The option amount is for balance owed on the sellers current mortgage loan at the time option is exercised. I'm making payments directly to the b...
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Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
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I am speaking to quite a few HMLs for a new construction project. What are the thing to look for when vetting these HMLs? What are the ways in which a HML can turn out to be bad? Thanks.