Account Closed
BRRR strategy confusion - Refinancing
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
Chance Cooper
TSP or Rental Properties?
I am in the Military and I have a ROTH IRA that I have through USAA. My superiors that have been in for over 20 years tell me I really need to do the TSP also...Any of you ever done the TSP?Would you invest in the TSP...
Account Closed
Stashing Cash away
I've got a question for all my debt-free investors. My strategy I'm employing is buy and hold rentals purchased with all cash. I've got my entity set up and have already begun contributing cash to accumulate to buy ...
Chris Heyman
Multifamily vs. 2 Single Family Homes
Hey All!Long time listener, first time caller... uh poster.If it helps form your opinion, a little background: We currently own a duplex down condo on the Far North side of Chicago, IL that we purchased almost two yea...
Michael Rogers
I Finally Did It: I'm Retiring from My Corporate J.O.B.
I'm Retiring from Corporate!Next month, on January 18th, I will be retiring from my corporate job as an Internal Auditor to be a full-time real estate investor. I am super excited. I've been working toward this for ...
Dayne Delano
Transform family home to a rental property?
We’ve outgrown our family home, but instead of just selling it, we wanted to keep it & rent it long term. $200k + equity in California home. Hoping to transfer to LLC? Good idea? Thanks!
Michele Fischer
Applicant with no SSN
Need some advice, please.We have a lot of Hispanic families in my rental neighborhood, but they rarely apply for our units (not sure why, except some Craigslist ads do advertise that they speak Spanish), so I don't ha...
Megan Arzt
Partial Rent received. Now it's late. What to charge?
So my tenants paid $1000 of the $1200 that they own me. Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th). The late fee is $30- day. Do I charge them the whole late fee or pro-r...
Ashley Sanchez
Need your 'two cents'! How far in advance to get 'pre approved'?
Quick question:
How far in advance should I seek a pre- approval or 'get qualified' for a mortgage loan to purchase a home?
It seems that I have had to pass up at least 2 realtors now because after our first convers...
J. Martin
Super Smart?..or Super Sucker?..Riding a Great Market Cycle?: 1-Cycle Investors, Leveraging RE, & Feeling (Too?) Good?
“You can only tell who is swimming naked after the tide goes out.” Are newer investors as smart we think we are? Or are we just riding an amazing market off a bottom? This post is to get: 1) The honest truth from inv...