RE investors usually put down what 10-25% and finance the rest when purchasing real estate.Why not do the same in a REIT (or two)? There are some paying dividends of 10%+ right now.Do you make a higher % than that on ...
When I purchased my first rental property, a single family home here in Charlotte, 2.5 years ago I bought my tenants a bottle of their favorite liquor on their move-in day. Looking back at this now, I get a nice laugh...
Hey BiggerPockets community!
I've been diving into the mid-term rental market in St. Petersburg, FL, and wanted to share some insights on the benefits of this strategy. For those unfamiliar, mid-term rentals typicall...
So I closed on my first multi a few months ago, a quadplex. This was the previous owners only property & he self managed. The property was fully leased far below market value so I have been expecting to update the...
Hi everyone! I wanted to lay out my situation to see if I would have to 1031 Exchange my property in order to avoid the taxes on the profit, or if I fall into the category where I've "lived there for 2 out of the last...
Does anyone know what the requirements are for a 40%-50% LTV commercial line of credit? Do banks even give lines of credit that big? The property would be free and clear and my credit is very weak. Going to work on th...
Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
So, I've come across 2-1- rate buydowns a few times recently. I understand the general concept of it don't really understand the mechanics of how it works. I was hoping someone could explain how you work this into a c...
What is the best corporation to incorporate yourself in when investing in real estate? And why?
I've been listening to the podcasts (started from the beginning a few months ago and am on #79) and, at the behest of the guys, have finally gotten started with the forums. So I wanted to start off by introducing myse...