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In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
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First some stats:
I have 6 going on 7 doors in the DFW areaI live out of stateRents range from 1400-1950 Per Month I pay 8% Per Month60% of first month's rent on new leases$395.00 flat rate for renewalsGetting to th...
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I am still in the research stage and looking into the website roofstock.com. They are a turnkey. I am wondering if anyone has had experience with this company or actually purchased through them. They seem to have a ve...
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Hi,
I have two BRRRR loans with Fixated Funding, both starting and closing on the same day. One loan was locked at 6.9%, the other at 7.1%. However, I just received the closing docs, and the rate on the 6.9% loan has...
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I’m new to wholesaling, haven’t made my first deal yet. I’ve been soaking up knowledge on BP, google, and watching YouTube videos.I’m curious about when it’s time to making a deal and making out a contract, do you nec...
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Hi Everyone,I am denying two applicants (co-applicants) that applied for one of my units. The two applicants are not married. I mainly communicate with one of the applicants. After I denied them, she is asking for ...
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Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
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My girlfriend and I have been saving money for a down payment on our first rental property and had initially been looking at single family properties and multifamily properties in upstate New York. In May 2017 I came ...
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So my husband and I have a combined $25,000 ($11,000 in mine, and about $14,000 in his) in old 401k's that I am looking to possibly use as down payments for rental properties in either a self-directed IRA or something...
hello fellow investors!
I am a 21 year old who has saved up some money (only problem is I live in CT houses are expensive) lol and I'm looking to get started in the right direction. My goal in 10 years is to have 5 ...