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Hey All, My name is Eddie Gonnella and I'm originally from Old Town, Maine right next door to the University of Maine where I studied Civil Engineering and lived for 4 years in Orono. This is about 10 minutes north of...
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I just finished reading Ramit Sethi book called “I will Teach You To Be Rich” I loved the book currently applying steps in the book. My only issue is its not really real estate investor friendly. He mentions his ladde...
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When one owns multiple rental properties, would it be recommended to have multiple checkings/savings accounts for each property or can more than one property be handled in one set of checking/savings accounts?I unders...
Hi everyone, I am somewhat new to the real estate game but have always been frugal with my money. I am in a home worth 500K and have just a 100K mortgage left till the home is paid in full. I have been trying to do th...
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Hello BP members,I'm new to investing (although late to the game, sat out of the market and watch go up past 5-7 years). After having gone through quite a few podcasts, blogs, posts, etc.. I have decided that I'm read...
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So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when ...
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Hi all. I'm lining up my first multi-family long term purchase. Before making my offer I'm planning on asking for the following documents:
1.) 12 months of gas/elec/water
2.) Latest tax bills
3.) Last city inspectio...
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If you're buying turnkey rental property in your own name (which will be managed by the TK property management arm), how do you structure your bank accounts?
In other words, since I'm assuming the TK property managem...
I am looking at buying a rental property, but I have no down payment. I was thinking of utilizing a line of credit of $25K-35K for down payment and closing cost (6.2% interest). I believe this is a great deal of a dup...
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Hi All,I could really use your expertise to help me with my checklist for establishing a partnership with an out of state investor.We have an exciting opportunity on the table to rehab a single-family, do a cash out r...