Is it safer to own a property free and clear rather than leveraging? If the real estate market crashes again like it did in 2007-2008 aren't people who are leveraging at a risk to loose everything?
I own several single family homes and a couple duplexes that are held in an LLC owned by myself and a partner. They're all rental properties.I've been trying for years to do the "BRRRR strategy" as it's now called - s...
Would you ever consider putting up money to invest in an LLC where there are other investors doing the same thing (who you don't personally know)? I've recently been made aware of a group that essentially puts invest...
Recently I completed an entire rehab on our long term rental and converted into a short term rental. I'm 2 months into running my short term rental and we have been breaking even (thankfully). The dilemma:We used some...
Hi BP Members,I have recently come across a couple of properties in Minneapolis that are in a great location for STR's. However, Minneapolis only allows 1 STR per person (at least that is my understanding). I do not w...
Hello All,I'm interested in creating an LLC to begin purchasing property under this umbrella but my understanding is it may be difficult to obtain financing under the LLC entity because of the lack of credit history. ...
Hello I am trying to do my first every door direct mail campaign. I would like to mail a letter or possibly a post card. Can someone please tell me the service they use for EDDM ?. I tired using USPS but it seems most...
Thanks in advance for clicking into this. Appreciate your time. I'll try and be short but not leave too much out.
My friend and I work in construction and want to start making some extra cash. He already has some po...
I've been hearing some murmurs lately about people using their IRAs as collateral (?) to "borrow" funds to use for down payments / rehab financing for real estate projects. A family member of mine passed away a few ye...
Possible ethical misconduct:
I listed a house for my spouse and his brother that was an estate. I sold the house to a close friend who is an investor. He also purchased all of the contents for an estate sale outside...