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Does anyone use a whole life insurance policy to keep their money rather than in a bank and use that money to invest? I've heard that its much better to put money on a whole life insurance policy rather than a bank sa...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Cash invested: $9,000
1980's duplex. Creative financing with a local bank - skipped some steps with...
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I started using Stessa few months back, it checked all the boxes for me.However, I have consistently seen some issues:It created duplicates transactions, one from the pending charge and another one when it is settled....
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Okay, I have heard of "Short Sales" and what it is and some of the paperwork that is involved in doing one.
But my question is..If I do a short sale would I have to show proof of funds? and if the bank accepts my off...
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I have been thinking about this for the last 30 minutes, so I am probably wrong about my calculations.
First, set up an LLC.
Then, get a checking account at a bank and get a line of credit from them... say $100,000 a...
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Hello. I am looking at an opportunity in my local area where there is a multiple unit mobile home park for sale. The listing shows that it has the potential to cash flow around 5K per month after paying for the loan. ...
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As a new real estate investor I was wondering what is the best way to setup my RE Investment books?
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When you first buy a property, and don't find a tenant until after the first couple mortgage payments are due, how do you pay for those expenses? Do you pay those out of your own cash, and consider those payments as p...
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Can the operating agreement be drawn up before the LLC and bank account is created?
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Before I got into real estate investing, I would put my a big chunk of my saved money into into an S&P 500 index fund and work 401K. I now find myself putting less and less into index funds, stocks, and 401K, and ...