Brice Alef-Torrisi
Managing finances between multiple properties
Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented. However, I was unsure whether I needed to open a new bank to manage the finances associated with the property. I ...
Corey Dutton
Whistleblowers Confirm Bank of America Still the Worst Bank
According to a recent article published by the Huffington Post, former employees of Bank of America have filed sworn statements about the bank’s unethical conduct toward borrower’s seeking loan mods or due process on...
Tab Teehee
Cap rate in laymen's terms
When looking at multifamily properties for sale, it's typical to see an advertised cap rate. Where does this cap rate come from! Who determines what it should be? As an owner myself, I know what my NOI is and I could ...
Ben Ryder
Making up to 7 figures next year (20s)
Not going into detail but I am going to be making as much as 7 figures next year and the following years will be 7 figure minimum. Eventually multiple 7 figures which is very possible my company. I want to play this o...
Gabriel Craft
$10,000,000 to deploy -- where would you put it?
Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people s...
Sarah D.
$300K and 18 months later- was our first BRRRR worth it?
I'm beyond excited to be able to share this. 18 months ago @Chris Dumm and I sold our house and bought a 4 unit complex. The complex had good bones but was a C property (in terms of condition and tenants) in a B nei...
Bradley Bissett
Buy and hold predicament
I have renovated my house and flipped another successfully. I've got some experience but pretty green still. The money made on the flip paid off my wife's student loans which is awesome but now I don't have capital fo...
Mike O.
water leak..... help pay water bill?
got an email from my tenant on dec 22 saying they got a letter from the city saying there water bill was higher than normal and there is probably a water leak somewhere(they just got back from a week vacation). Dec 23...
Account Closed
Softening the Tax Blow of Early 401(k) Withdrawal for REI?
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...
Patrick Thomas Dickinson
Sell my primary capturing the equity and investing that money in the stock market
Hello Everyone Im writing this post to see if theres any thing im missing in my thought process. Im always interested in hearing someone elses viewpoint. I have heard time and time again that a primary residence is no...