Hi folks. Wife and bring in an annual combined salary of 600k (Net). I have been earning this salary for about a year and expect it to be the baseline for 5-7 years. (My spouse just landed her first gig and is project...
Whats the best way to deal with code/maintenance liens from city municipalities that are recorded as liens on REO, you know the $250/day liens. Some of these REOs im looking at are vacant since 2011 and the lien was ...
I was reading a book from a popular commercial real estate investor this evening and he made the bold claim that real estate is a "get rich slow" business. One of the most successful investors I know in Austin uses t...
I have a 2 family house, I live on 1st floor and have tenants on 2nd floor. They have a lot of stuff borderline hoarders. It started small but they keep accumulating more stuff on their porch, their stairs and the pat...
When I decide not to renew an expiring lease, I have to give the tenants 91 days notice? Thats plenty of time for them to wreck my property causing me a huge loss and heart attack. It’s a 12-month lease. They have man...
First time poster and new real estate investor but I could really use some advice. I have $1.5M in the bank, and I’m trying to figure out the best move for my situation to start building out my portfolio and making mo...
Just want to get a feel for what other investors in the metro are see in the market. Most of the deals I analyze, I use the 70% rule as a starting point. Are you still using 70% or are you moving up to 75-80% to be ab...
Hello BP military community! I am VERY new to the community and this is only my second post but I wanted to get some feed back on my current plan. I am a Marine stationed in Hawaii and I will be PCSing in about 6-8 mo...
My wife and I have recently committed ourselves to taking the plunge into real estate investing, focusing on buy and hold rental units with the goal of generating monthly cash flow (flipping, hacking, wholesaling not ...
Question: I am taking out a cash out refi on my condo that I had originally paid in all cash. I've read that the interest from the cash out refi mortgage is NOT tax deductible UNLESS it is used for improvements for th...