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I've heard that you should never buy a property that you cannot afford to pay the entire mortgage(from your W2 job income) if you were the only person living there.
But obviously that must go out the door once you ...
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I'm planning to invest in my first buy & hold for renting out. My intent is to purchase and rehab it using my Solo 401k, together with a non-recourse loan from a hard money lender (I know several via a local REIA ...
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Hi BP community! I closed my first investment property, an off market private sale on the house next door, and have about 200k in equity. My local bank lender tells me that I can't tap into the equity for 12 months...
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It’s critical to build a community for yourself as a Note Investor.This community will serve you through time with deal flow, vendor resources, strategies, due diligence & workout support…you get the point.In my o...
Hi! Lisa McMillan here! I retired 5 years ago from a 20 year career in banking. Real estate has always been in the back of my mind and Nw it is at the forefront. Looking to covert some of my paper assets into real est...
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I need accounting advice. I apologize in advance for the wordy post, but would appreciate if anyone has good ideas.
I recently started using Rentec Direct (property management software). It tracks income and expenses...
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This Friday my wife and I are going to be taking a trip to look at a property that consists of approximately one acre of land located in Maine. It includes a 3-bedroom, 1-bathroom ranch house along with a private stre...
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Hi Everyone, my name is Grant and I'm new to BP and REI. I am 43 years old and married with twin 14y kids living in Olathe, KS. I graduated from Kansas state in 2000 and have been trying to find my passion since. Aft...
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This weekend I attended the 3 day legacy training in Melbourne Australia. After reading some reviews online I sort of had an idea of what to expect. The 3 day course cost $1250aud. That price is for 2 people.That incl...
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I’m an 18 year old sailor, just got out of boot camp a few months ago. And I have a good amount of money saved up. A good credit score, no sort of debt. And I’ve been looking at investing to multi family homes but als...