Hi All - I'm just starting with the real estate investment goal and very novice at this. I would like to get some suggestion from people who have done this and started small as a part time.1. In order to get started a...
Hello all,I’ve ran into an issue when looking to fund a short term rental with only around $10k down. The area I’m looking to invest in is pretty expensive (Gatlinburg). This is my first investment property, and I’m w...
Hey everyone, so I live in an older neighborhood (most homes built in the 80s) and there is a developer that plans to build single family homes basically RIGHT behind my house. I also was considering selling my home r...
Just purchased my first 2 rentals. I go to Chase bank to open a business account. The bank says "You need a business account and to open one of those, you need to register your business with the state." So, I do that....
It might be silly to ask but is it a good deal if my property doesn’t cash flow but I live in it for free? Say I break even… Would that still count as a good deal?
Hi AllI will be relocating to Jersey City soon from South Africa. I currently have a pre-approval for 700k and am looking to find a multi-family unit with one apt. to live and another to rent out. We are looking to be...
I'm old enough to have seen one market correction (2006) and I see another one coming. I predict that we still have a little more of an upswing before that happens however. As of right now I am not ready to acquire...
I recently got the idea to go exempt all year on my W2 job and pay no state or federal tax. Save all that extra money & then use that extra income to buy a duplex. Using the cash flow from the duplex to pay back t...
Hello, I have a question with many answers. Trying to narrow down the right one. My goal is to scale and acquire sfr and/or mfr before interest rates price me out of profitable real estate. I own a home in Sacramento ...
Investment Info:
Single-family residence private money loan investment.
Purchase price: $50,000
Cash invested: $48,000
Sale price: $125,000
This project was one of the early loans I made in my ca...