I'm 18 and my goal is to own 10 units by 26 years old. How much income should I be making to start? I'm going to college for Business Administration Marketing. I'll be done in 3 years. I'll be taking about 20k in loans.
Reading Ray Dalio's book makes me contemplate some more about where real estate is heading. Looking back at the last 15 years everything seems so predictable. New housing starts grew year over year and well exceeded l...
Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
As investors we seem to have "formulas" or rules of thumb to help us through our decisions. 1% rule, 70% ARV, etc...Anything that helps you quickly decide when a short term rental is better than a long term rental?I ...
I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late). He and his family have been very difficult with the move out; his son has told me he wil...
I am ready to purchase my first investment property but am nor sure which professional to begin with. Do I try to find a lender first to see what I qualify for? Do I start with an investment friendly realtor to help ...
1) My CPA Firm / Tax guy is *excellent*.2) Two years in a row (2019 and 2020), I've had a non-tax related issue come up during "tax season" where I needed CPA/Tax/Accountant advice, and was given a "too busy" respons...
So I’ve been working with a realtor for the past few months that I know from childhood. He’s a great realtor in my opinion, I’ve watched him grow into what he’s built and it’s impressive, I’d say he’s in that 20% cate...
Ive been re- looking at all finance options for flipping and multi units. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Companies... Ive used banks, local portfolio banks, credit unions & l...
Very soon I will be beginning the process of purchasing my first REI property.
Important back-story information:
I have a full time job as an engineer and currently work in Colorado. I will be purchasing...