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This property is a duplex in a college area with good rental history (not college kids)Purchase price $125,000Rent $1850Electricity $25Water/Sewer $100Insurance$100Heating $150Vacancy (5%) $92.50Maintenance (5%) $92.5...
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Hey BP,I've read a bunch of posts, and listened to a few podcasts relating to whether or not you should form an LLC for a property. There are arguments on both sides, and I'm still leaning towards creating one. I gu...
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If I don't have a job, but do have substantial rental income for the last 2 years on my tax returns, will banks(commercial and conventional lenders) still see that income as just as good as w2 income? I've heard th...
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I am just starting out, so I don't see the whole picture of multifamily business. How many people there really know what they are doing? I think, I can get at least some kind of picture by asking on BP, because right ...
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I would like to invest some money in rich uncles while I am waiting to get enough together to buy my next rental has anybody heard of these guys and could you give me any advice Thanks
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I had just finished reading a post that was linked to the ultimate guide to real estate investing ( http://www.biggerpockets.com/renewsblog/2009/03/18... ). The post talked about how you should have a business entity ...
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Hey! Im slightly confused on what the fastest way to accumulate >$500,000 a year in passive income would be. As of right now, I have a plan to acquire 3-4 fourplexes over the course of around 5 years. I would buy t...
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Hello everyone,Its exciting to take action. This week my first direct mail campaign will launch. Cold calling has always been fun and easy for me to generate deals as a mortgage broker and a financial advisor. Whil...
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My in-laws and I just got the signed pre-possession authorization on our first flip for a house that we close on in two weeks. My father in law has been a landlord for over 40 years, but this is his first foray into ...
Hello, I'm writing to find a REI investment/ financial planner in my area of Schaumburg Illinois. I'm brand new and need to professional help with my real estate and retirement goals. Reading past posts leads me to be...