Steve C.
Tenant screening, son over 18
Hello all & thanks for reading. Apologies for not being on the forums for a while, I felt I'd learned all I needed to get started & now I'm screening tenants for my first rental property! I have a SFR for ren...
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Hard-equity lending, consider these creative techniques
Hard Money funding is often used to finance projects that are considered by most to be unconventional!
Most call it Creative Real Estate Investing!
The reality of it all is that Creative Real Estate Investing techni...
Bernie Avila
Bernie From Pasco WA
Hello all, my name is Bernie and I just wanted to introduce myself. Currently I have one rental and I owe 55k on it and it is worth 140k. 18 months ago we decided to buy a new house and with interest rates being what...
Brian Phor
Setting Up a Parent/Foreign Wyoming LLC
Hi Everyone!
I'm looking to setup a parent/foreign Wyoming LLC. My plan is to setup a parent Wyoming LLC that will hold another LLC that will be holding my properties. I'm not exactly sure where to start or whom to c...
Duane Alexander
Are most out of state investors using turnkey companies?
Or is there another way? I've read on the forums that doing a rehab from out of state is not recommended because overseeing a rehab project invites a lot of issues. Does that mean that most people investing from out o...
Bryan Kurtz
First Purchase: Buy or Invest Advice?
For some background, I am single in my early 30's and interested in making my first purchase or investment into the new year. Many of my friends (married) are buying their first homes, and I want to start building my...
Madisyn C.
Duplex opportunity for 160k, need help analyzing
Hi all, I have an opportunity to buy a 2 unit duplex at 160k with nothing down, owner financed at 7% for 20 years.
Yearly combined rent is 25800 (2150/month)
I will be paying water- about 2400 per year (200/month)
in...
Blake Harris
Velocity banking strategy to pay off a mortgage in 5 years?...
Can someone explain the velocity banking strategy? I have seen the concept explained as a way to use a HELOC to pay principle only checks to your mortgage as a way to pay off a loan in an extremely short amount of tim...
James C.
Tax refund...what should I do?
I've been stalking the forums for a few weeks now; love everything that I'm learning here!I just received a tax refund check in the mail*, and I'm wondering what some smart people would suggest doing. *Before you ask ...
Brian W.
How much time do you spend owning and landlording per month?
Considering all things related to landlording, how much time do you spend per month per property?
If you own multiple properties, please disregard economies of scale and try to estimate how much time you would spend ...