Enough with the doom and gloom about homeownership. WSJ article below explains why owning a home is a good thing. I agree especially if you know you will live there at least 3+ years ....
1) You ...
Before we buy our 3 unit what is the best loan product which would allow you to house hack multiple MFR's? Would choosing one loan product over another raise an issue when it came time to Purchase our 2nd MFR? Or our ...
Hi,I'm doing my first mid-term rental lease. The property has been a SRT for the past year so is fully furnished. Learning that this is a very different animal! First question, any suggestions of what to put in the le...
One of the things I LOVE about real estate investing is how optimistic, creative and cheery everyone is. Generally, you don't get a lot of excuse makers in this business. However, I know we all have really bad days an...
I was fortunate enough to purchase a multifamily using a FHA loan. It was a short sale in 2015. Purchase Price: $600kMortgage balance: $540k @ 3%Net income: $1600/monthThanks to nice growth in this neighborhood, which...
I have rented my personal home as a fully furnished/lots of amenities 3 month rental jan, feb, and march the past 3 years. I rent to one couple or small family for the full rental period - no less than 2 months and n...
I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...
A little over 15 years ago, in the late spring of 2009, I was a brand spanking new real estate agent coming off of a miserably failed real estate investment venture. I was also a catering server, restaurant server, an...
Well my first 1000 post cards came in with a huge response rate of 1... yes only one response. However Micheal at yellowletters.com was kind enough to re design and re mail for me! I am excited to see the difference t...
Hi, looking into a SB9 Lot split in Los Angeles. Has anybody successfully executed one?