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Hello Everyone,My name is Jake and I'm a 21 year old currently going to school for software engineering in the Milwaukee area. I have one more year of school left, and I really want to get into real estate once I grad...
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Hey everyone! Just had a question regarding LLC formation and what you guys think is the appropriate way to approach this. My brother and I have just gotten an offer accepted on a home. We want to form an LLC but are ...
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Must annual contracts be upheld after transfer of ownership?Scenario: Closing on a storage facility. A few annual leases in there at under market rents. I was going to leave them in place; however, this weekend the...
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So, I was getting really favorable loans from a local bank. They would finance purchase price on a BRRRR, repair costs, and if I did my figures right closing costs too and I would rarely be out of pocket. Now they've ...
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I bought this property with a friend 3 years ago with an FHA loan 4.2% interest rate. We have been househacking the property for 3 years. I moved out to the DMV area but my friend is still househacking it.We bought it...
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For the last few years, I have been maxing out both my wife's and my annual roth IRA contributions with savings from work. I am in my late twenties and think of our IRA as more of a bonus later in life then what I am ...
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Hello,
I am a first-time landlord who has run into some major issues with my first purchase. I am looking for advice on how to proceed. Below is the series of events that has led to now.
I found an apartment buildin...
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I have a rental townhouse assessed at $114,000. Bank loan at $121,000. I'm $200 out of pocket each month to meet the mortgage and it needs a new roof. Wells Fargo owns the loan, but Bank of America services the...
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I've been working on a project that is a larger-scale version of the "house hacking" that @Brandon Turner and @Joshua Dorkin are big proponents of. Essentially, rather than fixing up an under-valued house, I'm trying ...
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Ok...I get it...apartment investing is THE best way to use real estate to escape the rat race in a short-ish period of time. How are you sourcing and financing the deals to allow for the escape of the 9-5?