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Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
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I recently listened to the podcast GRE (Get Rich Education with Keith Weinhold) and his guest was Ted Benna, who has been credited to being the father of the 401K. (Here is the link to the episode for any who are inte...
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I got my license to write my own offers on my own rental properties I buy. I have no intention to represent sellers or buyers, or ever list a property. No need for the MLS. Including the cloud brokers like REAL and E...
Follow my journey tracking progress on multi family #5. This thread will discuss the steps I have/will take to make my most recent real estate acquisition successful.
Let me get you up to speed. Here's what's happen...
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I have started purchasing a few investment properties and have an LLC. Everything has been cash so far but I have contacted several local banks and all of them have said about 1-2%+ above regular mortgage rates, 3-5y ...
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On the lastest Bigger Pockets podcast (#383), Josiah Smelser mentioned that between him and his partner and their spouses, they had access for 40 Fannie/Freddie mortgages.
I looked into this strategy, seems that in o...
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I've got two vacancies coming up in the next two months and as of right now I don't have any formal written tenant screening criteria. My price range tends to attract a decent number of tenants with bad histories (cri...
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So I have been driving myself nuts working on the duplex I "house hacked" before I knew it had a name. New kitchen, dealing with tenants schedule, changing the new stove from gas to propane, ect. I owe $150k. The most...
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No longer amongst the "W-2'ers" - living on rental income and capital. (Due to circumstance - more so than some freedom walkout retirement announcement)
When applying for a commercial loan - I've read that the loan i...
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During the worst recession in history, when NO ONE could get a real estate loan, I sold a property to a young family via Contract for Deed. They were to get their own loan in a year, after raising their credit score f...