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Off market dealPurchase price 110k20% down1150 in rentMarket value as is 135k$400 cash flow19% cash on cash returnNow I don't have a huge savings in my Roth IRA, but I have enough to fund the rest of the down payment ...
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We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
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My name's Shawn. I'm new to this forum. I've been reading these for a while, but I've never posted on here. WE have a couple rental houses around Mobile, Al. WE have had current tenants in on rental for over 2 yrs...
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I have had a rolled over IRA invested in mutual funds for the last 10 years and am interested in diversifying my portfolio with real estate. There is roughly $60k in the account. Is this possible without penalty?
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I wanted to share my story...it's stories like this that kept me motivated and I hope it can do the same for those on the sidelines or those getting started.It's been 7 months and we are about nearly finished with the...
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BP,What would you do......Next year I will be transitioning to civilian life, which will likely take me back to Texas. I will have around 100k to be used on a personal property and/or first deal.My goal is to focus on...
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We are fortunate to own a single family rental home in our area outright. The mortgage loan was paid off earlier this year and now we are seeing higher monthly cash flow. The home value has appreciated considerably....
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I just read the "Ultimate Beginner Guide" provided by BiggerPockets and noted the investment rule of 2%, and find it may not be realistic in my humble opinion.
If I am correct using the 2% rule, a home that cost $200...
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I will try to keep this as short as possible. I am looking to find the most fair solution for both parties as my partners have been great and I hope to do future deals with them. We have a furnished short term rental ...
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What are the laws against house hacking a primary residence? And is it possible to House hack a SFH as a primary residence? Would i have any legal problems house hacking a single family home? Please do advise me??