Kevin Phu
Purchase Vehicle to Uber
So an idea crossed my mind and I've done a little thinking about it. Wanted to see what the community's opinion is on it and if they feel it could be a good idea.General Info on my situation:Primary vehicle: No paymen...
Chris Schoonhoven
What would you do If you were investing $80,000
I'd imagine there's a board with this, or a similar amount already but I couldn't find it... My question is, if you had 80-100K to invest where would you prefer to start? Numerous SFH, just 1 SFH, multi-family, apartm...
Eric Fernwood
What’s keeping people from pulling the trigger?
I think fear is what keeps many people from starting. I'm in the process of creating a guide to help people better overcome their fears. Below are what I think are the most common fears.
Don’t know where to start...
Evan Ventura
Structuring Private Money Deals
Was wondering if anyone can offer advice on structuring private money loans. I am new in REI and am currently seeking out my first deal. When that first deal finally does present itself, I want to be ready and move on...
Michael Plaks
Refinanced interest - is it tax-deductible?
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Kimberly T.
Can "having a job" be part of your tenant screening criteria?
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Kristen Schlueter
How do you get ahead in order to get started?
Hello All. My name is Kristen and I am a 33 year old mother and wife. I am getting a late start in life, but I am now ready to take risks and boost any income to make my family and I more comfortable. I am extremely t...
Rich Weese
update on word of warning
I know many don't really care about banking situation in our country. A couple sobering thoughts for those paying any attention.
1.http://www.digitaljournal.com/article/283688 FDIC lost money for first time since 1991...
Virginia Jones
Should I get involved with mobile homes?
I live in a town where one side of the railroad tracks is "good" and the other is "bad". The majority of my town are renters and there is a fair amount of mobile homes. I'm a Dave Ramsey listener and he is totally ag...
Corey Dutton
Why Are Borrowers Always Shopping For a Better Hard Money Loan?
I’d like to share a story about a frustrating experience that lenders in the private money space experience all the time.
We are a private/hard money lender and we get a ton of requests from real estate investors and...