I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
Seems like Rent control in some form or fashion Is gaining a lot of traction around the US.. Oregon just passed state wide.Washington some new rules.. California of course has had rent control in many cities for deca...
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...
It is pretty amazing to find just how many people are offering "mentorship" for 10s of thousands of dollars to newbies who want to get into real estate. What is more amazing is the amount of people actually buying th...
As we all observe and fear the Coronavirus, we see many cities under “shelter-at-home” restrictions, and many “non-essential” businesses closing. Then on the other hand, the Fed lowered rates almost to zero, and mortg...
Bigger pockets just released an article that goes into Wholesaling and how it can become illegal to Wholesale Real Estate in South Carolina.
Here is the link for reference:
https://www.biggerpockets.com/blog/new-sou...