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So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
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What is your biggest problem/mistake/confusion when analyzing a deal?
Help me with a dilemma BP...I live in Oakland California where the market is the highest its ever been and I want to get started in REI. I have come up with 2 options and need some advice as to which one is smarter.Op...
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Hi
I am considering loaning money in a situation where I would be getting 35-40% of the profit and also a preferred interest rate on my money. This would more so be a partner situation so not lending to stri...
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I’m hoping that people can share their experiences with me about their recent successes in BC real estate, markets to be looking at, and the best ways to get started (apartment, townhome, detached, etc). If people wan...
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This is probably not a 100% real estate question but more of psychology question i guess. So here is the deal, one of my very good friend is going through a rough marriage and lately he is been involved in an affair w...
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Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be...
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His exact words....'Don't F@#$*&G do it!!!!!!'. I am very confused now. I have been researching/reading books, blogs, podcasts, anything I can find about real estate investing over the last month or so, trying t...
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Well guys..what can I say. The fun never ends. Day one with a new tenant in my duplex, and the tenant next door text me that her unit smells like weed. I lived next door to my tenant for over a year and she doesn’t sm...
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I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...