Hello all. I am sure it's out there somewhere on BP, but looking on the net there are so many conflicting Pros & Cons. Should I bother creating an LLC before I even make my first deal/purchase? Thanks to all!
@Brandon TurnerI just sent you this message but auto responder kicked me out.Hi Brandon,You probably don't remember me, we chatted once long time ago when I found out we were both from MN. Anyway, my son is in Olympia...
Should I pay off my student loans (around 6k) and build my credit up (currently around 530) before trying to invest in real estate?I'm not sure how to get started without credit or cash.Btw,I have a steady job and pa...
Hi All, Looking to run my business plan by some pros for some feedback, advice and/or suggestions. We purchased our 1st SFH Brrrr in Nov (via conventional financing) which we plan to have done soon to refi.Our goal is...
I’m interested in hearing what are some of everyone’s favorite books they have read! About real estate, self-development, leadership, biographies, investing, etc. I just got done reading BRRRR by David Greene and it w...
I heard that with a 1031 exchange we would need to replace the entire debt. How would that work if the property is being owned by two unmarried joint tenants with rights of survivorship, with only one person on the or...
I am looking to purchase my first multi-family property in Florida. Do you find that the 1% rule still applies here? It seems like most are listed and even selling higher. If I find a property where rent is 1% or more...
Zillow says the highest sales price to list price homes had wheat colored kitchens...on average or some such. A fact(?) derived from their data mining.
Have any of the data mining entities (zillow, corelogic, etc) p...
In order to show a unit I require that a prospective tenant has a monthly income of 3x rent. But that leaves more room for error for a single tenant than for a family of 4. would it be discrimination based on familia...
I'm looking at a 4 plex that is distressed with post and beam foundation. I've heard that some lenders don't want to lend to units with post and beam foundation. Has this been anyone else's experience?