Motivated seller selling me a 3/2 SFR but not sure what strategy to use.Property Details:Written Appraised Value - 134KPurchase Price - 90KRehab - 15KRent - 1,250/mthTax Rate - 2.54%Strategy 1:20-year mortgage, 4.63% ...
Hello, my name is Christian and I am a middle aged professional living in the Covington, LA area and looking to get started in rental property investment. I've read several books to educate myself including 'Rich Dad,...
What would you say are the core steps of real estate investing? For example, this is what I have here:1. Determine Your Criteria2. Determine How you will find leads3. Determine Financing Options4. Find Leads5. Use REI...
My wife and I set our “New Years Resolutions” on our anniversary, July 25th, instead of New Years. New Years Eve is a pretty meaningless day, so we do it on a day that's actually important to us. One of my goals last ...
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
Ok I currently have an SFR that I just finished the rehab on. Now I have a couple of people that are interested in owner finance or rent to own i know nothing really about this aspect of real estate. In my mind I woul...
I just listened to the last BP podcast, and Dave Short discussed a strategy he's been using lately that I had not heard before. He called it Prehab. I'm sure I can't do it justice, but if I understand it correctly, ...
I'm financially stable with good income, low debt, and good credit score. I'm in my upper 50s and would like to retire in 8-10 years with $3000 in passive income from RE investments. I have about $250k available thro...
I have just under $20,000 in student loans. I just started my first job in Ohio with an annual salary of around $35,000. I really want to start realstate investing but I feel like the student loan debt is hanging over...
I am 27 years old. I currently have 3 properties. 2 of the properties are long term rentals (1 SFH, 1 Duplex), and the other property is a primary residence. I have a high paying career and I have managed to keep my e...