Hey gang, I have a question to pertaining to the business side of REI. When do you find it necessary to hire people to do things like accounting, incorporating LLC's, acquisitions, (if you own out of state do you have...
I'm about to close my first deal for $150k rental property which will cash flow $14k yearly.Thinking forward, what would be an ideal strategy to generate enough income so I can retire in 10 years? I can refinance and ...
Hello all,is the transfer of mortgage to a new property a tool in your financing tool box? What are your thoughts and experiences on walking the mortgage? I just read about it and would like to understand more, especi...
This article is a few months old now, but I thought many promoters on BP could benefit from reading it:
Real estate crowdfunding: why it’s a big deal
I haven't ever heard of iFunding until reading th...
Our LLC owns seven properties in St. Louis: 1 single, 2 duplexes, four 4-plexes. All have mortgages. We are selling our primary residence, located in California. We will be netting a lot of after-tax money from this s...
Hey guys, I’m trying to understand the mind set of the “flipper” and how this could be a opportunity to buy if they are willing to discount. Here’s the general info I have gathered from MLS, and local tax information....
Good evening all!My family and I just moved to Valparaiso, Indiana in order to encourage my wife's career to flourish. Thus, I am looking for alternative activities to stay out of trouble. Most of my MBA studies we...
What metrics do you like most and make you feel most comfortable in investing? For instance cap rate, IRR? Cash on cash? The velocity of money.
I have always heard capital gains is terrible, etc... but I have a business partner in another venture and he says when you pay taxes it's meaning you are making money.The other thing is my ordinary tax is at 37% (fed...
I am an amateur when it comes to real estate investing. However, in 2012 I made a homerun deal that if managed properly it can get me to my new realized dream of becoming an actual investor. Here's the deal:
I bought...