Jonathan Weilbacher
I am looking to make my first real estate investment and need guidance
Hi,
I am a LA resident, attorney, and first time investor. I have read various real estate books and found a few strategies that could work but not sure what to do.
1) The first option was doing an FHA or 5% con...
Josh Hall
Best Financial Strategy
Hey everyone,I am looking for opinions on the best strategy for my future plans.I currently have around $100k in my home equity and $20k in personal savings. My plan is to renovate my current home, turn it into a rent...
John Paul
How good are Credit Union Banks
Hi,We have been with Citibank for past 15 years. The kind of interest what they pay for savingplus account is 0.10%Wondering if we can move to another bank where they pay better interest rate on the savings account.I ...
Ben Nelson
“Feeding” a rental property vs retirement account
Why are people generally not ok with “feeding” a rental property with negative cash flow, when they basically do this every day with standard retirement accounts? What’s the difference between putting extra cash into ...
Daniel McDonald
Looking to connect with House Hackers in North Shore area of Massachusetts
Hey everyone, I am a 2x house hacker in Beverly, MA and would love to connect with like-minded individuals in the area and see how everyone's handling this market. Feel free to connect with me or shoot me a DM. Would...
David U.
Evaluating between two options
Hi everyone, I'm trying evaluate between two options. I currently have to apartments that I rent out. Both are owned without any debt. One is STR and one is LTR. After all fees, taxes, management and cleaning, i have ...
Phillip Gonzales
War chest savings for business
Hello BPSo I have been doing a lot of thinking and wonder if some of you have done this before starting your investing career. I want to start off in a sense with a pile of money in the bank which is only used toward...
Steven Wetherill
Possible Duplex LTR Purchase - Would love any insight!
Newly built (2024) duplex in Boiling Springs, SC. List price: 445,000.DP: 89,000
Closing: 8900
Total Invest: 97,900
Projected mortgage: 2500
Rent: 1700 per unit, 3400 total
Taxes: 42
Insur: 263
CapEx: 100Repair...
Christian D.
Sound plan to convert current home into rental?
Hi All!I'm very excited about getting into RE investing and would like some help with a plan to actually make it happen! I'm still in the learning stages, but my desire to get "into this" isn't new. The goal for some ...
William Duron
Best savings account for real estate
Totally off topic but does anyone does anyone use a savings account in their real estate business. You know, put money aside that way you have cash on reserve. My question is, if you do, what kind of savings account i...