Hi all, I have a house in California. Years ago, I was living in one of the rooms and rented the other rooms out to friends. I moved out and have been renting it out room by room as people come and go. Big mistake, I ...
The Psychology of Money by Morgan Housel
This book clearly describes our drastic use of and thoughts on money.
Take this into consideration when you are investing, when you are looking to partner or when speaking to...
Let's say "someone" has access to $7-10million in investable assets.How would you go about investing this strategically to reach $20M in 5-10 years?Thanks.
Having trouble determining how to assess my investment returns. My rental property is in Boston where 1% rule is hard to achieve (live-in converted to rental after moving out). Rent is 3300/mo. but after all expenses ...
My mother has several properties that have been mismanaged or not managed at all and she has enlisted my help to get caught up, but I'm a bit over my head. Due to covid and the death of her parents, things really slip...
I've been researching and it seems that most sources are say yes to creating an LLC. Has anyone had any experience with creating an LLC for their Airbnb or regretted not creating one? The property is in PA and it seem...
Hi Everyone! I have been scanning through some previous posts on this subject. A lot of the discussions were from years ago. Looking for some updated information if possible.I am a 2nd year Real Estate Agent and I als...
Hi. We have a condo that's worth probably $1.3m in LA about 20 minutes from our primary residence. Have about $1m in equity in it. We have an opportunity to potentially do a 1031 for a single family house near ...
I need assistance with this. I have not done any deals. I want to start very soon, but I don't want my name to appear on any deals; I am thinking of forming an LLC to do purchases. How much does it cost? where do I fo...
I've been a real estate investor and broker since I was 19 years old I'm 38 now. Ive always had 95% ++ of my investable assets in real estate... mostly residential real estate, apartments, and shopping centers. I neve...