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...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $495,000
Cash invested: $19,000
2nd house hack, 2-Flat with an In-law unit created $300 a month rental rate ...
For me I just closed on a property with a 5.25% loan. That rate 30 days ago was 4.5%. I almost backed out of the deal but decided to suck it up as it still had reasonable cash flow. I will say that financing NNN le...
I'm an experiences investor who has built a portfolio based on buying houses with cash. I have one house that has a mortgage, and that home has the most equity in it in my portfolio. I don't want to fully refinance th...