Zach Kirchoff
Gap Funding/Lines of Credit
New to the community here. Medium sized flipper here out of Minneapolis doing between 40-50 deals per year. Looking for insight into borrowing money to cover down payments and floating capital between renovation draws...
Tom Goans
No Debt Is Freedom
No Debt Is Freedom
Consider this:
Your money working for You when you own a residential rental property investment. The tenant goes to work each day to pay you to live at your real estate investment.
However, You a...
Account Closed
Buying Rentals With Cash
I am closing on my first rental on the 7th. I purchased it with cash and will also being doing the rehabs cash. By using cash the ROI numbers are coming out nice, and being in the military if I leave it gives me margi...
Aariff Kadar
Newbie paranoid questions
Hello REIs,I am from Corona, CA and totally new to REI. I am planning to start my investment out of state, and I am stumbled upon few newbie questions. Please guide me to be a successful investor. I will keep my quest...
Christine Taylor
Easement issue! I need solutions
I'm trying to problem solve an easement issue. When I bought the duplex from the previous owner (who also owned the property next to the duplex I bought from him) agreed that he'd be responsible for the tear down of ...
Jim Stardust
Leverage, debt, and knowing when to stop?
Is there a formula for real estate investors to know how much leverage or debt they can take? I recall there's a commercial debt coverage ratio but does it apply to real estate investing? When would a person know th...
Daniel Dietz
What do you figure for 'Opportunity Cost' of you money?
Hello,
I am not sure if this is the right forum for this, but it seemed like the most logical one.
As I run numbers to see if a property is a 'good investment', I often find myself wondering 'what co...
Richard Warner
Clean out/ trash out business…. Still a good thing?
Hello everyone! My name is Rich and I am from the Portland, Or metro area. Ive been browsing this forum for quite some time, very interested in real estate in general, and currently own and run an automotive protectiv...
Nathan Shankles
Home warranties on a SFH and duplex - good idea or no?
I have a positive cash flowing SFH rental property as well as a positive cash flowing duplex both about 5 hours from where I live. I have home warranties on each property (about $45/door per month) but I’m wondering w...
Douglas Larson
What we did with a Self-Directed IRA . . .
About 3 years ago my Wife's 85K IRA was making mediocre returns and we decided it was time to use it for real estate, which we understand far better than stocks. We converted it to a ROTH and took the tax hit in a ...