I have found a 2 unit multi-family property selling for 750k. Taxes are $15k/yrRent roll is $4300/mo, or $51,600/yrSo gross operating income is $36,600 not taking into account vacancies and other potential expenses.Th...
Hello BiggerPockets,
I'm seriously thinking about using Home Equity Investment (HEI) to become debt-free, but I want to make sure I understand all the details before diving in. I've been looking into companies like U...
This loan has a $245,000 balance with $24000 equity. Property appraisal opinions range from $270-$310K, and currently insured for full-replacement at $293,000. I pay around $1850/mo on this loan, and recently fell b...
I'm sure there are articles on this if you want to link them, but I was wondering what the options are. As someone who is considering going full FIRE / quitting my job and doing what is enjoyable, how do people get by...
Hello Everyone! I am Andres Duque, 25 years old and I live in El Salvador, Central America. I have a good job, I am a Product Manager for Industrial Coatings at Sherwin Williams Central America. I have read Robert Kiy...
Hi all,
I'm hoping to go under contract on my first STR investment property very soon and I was wondering if anyone has any type of check list to "complete" during the due diligence period? Or if someone has any past...
Hi members,What is the preferred way to hold investment properties? My attorney(estate planning attorney) suggested two options.1. LLC or...2. My JRT (joint revocable trust) that I already have and buy umbrella polic...
am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a h...
I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...
HI all, and thanks for the help ahead of time! I was driving for dollars the other day when a house really caught my eye. Turned out to be an reo, sign right on the line. I would really like to give the realtor a ...