I purchased my 1st home at 22 years old straight out of college. PP: Aug. 2019 - $356,900 w/ 20% down (borrowed a large chunk of the down payment). Refinance: Nov. 2021 - Property appraised for 480K, I completely paid...
Hello BP forum! I have been learning a lot from this site in just the last few hours that I have joined. It is definitely overwhelming with the amount of information loaded on this site. I am eager to start REI, sp...
Many years ago, decades actually, people with high debt loads, like us real estate investors, could not achieve high credit scores. The algorithm would limit scores based on arbitrary absolute numbers, like $2,000,000...
So often people will make plans and write down what they hope to achieve. It can be shown that this is a good way to succeed, but many fail to accomplish their goals.
I hope to use this thread to discuss ways to mak...
If you've been around these forums a while you may remember @Justin Goodin of Next Level Equity. He used to troll these waters for suckers very hard until I found out that his claimed experience and transaction histor...
I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of sev...
I guess my question is how accurate do you find the 50% expense rule?
If you gross rents are $2500, a margin of error of 10% on your expenses would result in a $125 difference in cash flow. This might result accepti...