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Hello All - I spent the day door knocking on pre-forclosures and thought I'd share my results. I knocked on 12 doors, talked to 4 owners + 1 Facebook lead. Drove about 110 miles and actually had quite a bit of fun. I ...
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Hello everyone,
I have set myself a goal to purchase a single family home or 4 plex by August 2015. I have a good amount of money saved up & was wondering if it's a bad idea to use your own money? Also when purch...
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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
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Why does David Greene push a cash-out refinance with the BRRRR strategy?Why not an “H” for the 3rd letter as in HELOC?Why won’t a HELOC work? Is a HELOC not as good as cash? And why does everyone recommend taking a ...
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I have a potential tenant (still reviewing) that is willing to pay a years rent in advance. Is this a good idea or should I keep waiting. I’m new to landlording but, have read many of the bigger pockets forums and the...
I, like most of owners with more than a handful of leases, tend to put some sort of separation between the tenants and me. With most properties, this separation, usually via a management company, is desired to preve...
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Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?
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Hello everyone!
I have been wanting to start my own AirBnB for a long time and finally feel I am ready to by the end of year. My plan is to look for a single family home but if I can find a multi family property to h...
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Hello All! I am new Real Estate Investing, and looking for some encouragement. I have been playing it safe all my life and now with so many options, I struggle making a decision on which route to go. No money saved, 7...
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A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...