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Is it possible to acquire a 10+unit property (cash flowing) with $100k savings, a six figure salaried job, good credit but no assets nor cosigner?I keep hearing in these BiggerPockets videos that these guys are acquir...
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Hi all, as the title suggests I am submitting an offer on a non-conforming 2 unit in the Logan Square area of Chicago. The property would be conveyed to me as vacant and after crunching all my numbers over and over ag...
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How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
Hello BP,I'm curious what the experienced investor would do in my situation. All opinions and advise are appreciated!My situation:I'm getting ready to move out of my first purchase in Sacramento, CA. The property was ...
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In the past I've held properties in my name and received rents in my name at a generic mailbox and never had a problem. Also, I have umbrella policy that covers additional liability exposure for my properties. Now I...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $110,000
Cash invested: $26,000
Hi everyone! Last year I set the goal to purchase my first investment property in t...
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Want a personalized financial independence plan that’ll get you closer to early retirement? Well, we’ve got just what you’re looking for! On this second annual “Financial Independence Day,” Mindy and Scott are sharing...
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Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...
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Planning to close on our first investment property in the next month or 2 (If all goes well). We have a personal checking and savings right now. We will be starting a business checking and savings with a different ban...