Wouldn’t it be nice if your home paid for itself? Every month, you throw a substantial sum of money towards your rent or mortgage payment, but what if you could live mortgage-free? With ADU investments, it’s more than...
Dion McNeeley retired in just ten years after starting from not just zero but NEGATIVE. He was forty years old with $89,000 in debt, had no assets, a low-paying job, and zero investing experience. Thanks to his “lazy”...
Christian Requejo
Pros and Cons between HELOC and Bank Construction loan for New home construction
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Miguel Lopez
Are New York property taxes worth it? Any reccos for Connecticut?
Hi BP, I've saved $60K for a down payment for a duplex/triplex, that I'd live in. I'm looking at properties in my current location of Westchester, NY however the high prices and property taxes are a turnoff (should th...
Jay Ben
low cap Class A market Or high cap and high projected IRR for C class market?
which would you pick? I'm starting to think the best way to build future wealth is investing in better markets at Lower short term yields and high appreciation (nyc, LA etc..) Rather than aiming for deals showing 20 p...
Derek Lamonde
A lower Cap, but higher appreciation potential or vice versa?
Hi All,I'm extending offers for two, 2-unit properties as "buy and holds" with a lot of upsides, but unfortunately I can't have both so I have favored price-points identified. They are both A properties, but one has a...
Jeff Stansberry
Advice to make a positive cash flow
Hello,My first and only rental property I purchased in 2007. It is a 2b/1b 2 Unit Duplex and was purchased for 240k and now worth 130k (for obvious reasons). Due to the recession I had to lower rents to stay competiti...
Kyle Hipp
duplex fire in the summer, is there any liability between tenants for damage?
I have an upper lower duplex in which there was a porch fire this summer. The lower tenant caused the fire in that a cigarette was the source of the fire. It was an outside covered front porch where smoking is allowed...
Rebecca Styer
Crazy Seller Financing Terms
I saw a craigslist ad for a 3 unit for 120K. I only have enough for about 10% down right now so I asked the seller if they would consider seller finance for three years. Here were his terms:10 yr amortization @ 10%, ...
Daniel Flores
Accidental landlord Tax question
New job is going to take me away, having me moving from my primary residence and hoping to rent the house out. I am wondering how this is going to affect my tax liability on what was my primary residence. Don't want a...