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So I've been sitting on $45k of cash in my Roth for some time now, and I can no longer make contributions due to IRS limitations. I'm wary of sticking it into the stock market like I did since I graduated college in ...
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Thanks mostly to the information and motivation stemming from this forum, I have purchased a rental house in Central Florida and am under contract for two additional homes. I will look to be adding more homes in Flor...
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I'm proud to say that my group closed on a 250 unit yesterday. It's the second deal I've syndicated and both of them have been over 150 units (first one was 168). A couple syndication and multifamily lessons I've lear...
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I have a house I rent out for 1300 a month. I owe 60K. It's worth 120K. How much should I be making annually on this income property. I feel my numbers are very low, but I am new at this so I am not sure. After taxes,...
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I've reached out to a few realtors and was given a list of turnkey properties. A few caught my eye with the description of for sale $30,000, rents for $800 long term tenants, good payment history, fully rehabbed in 20...
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I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
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Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people s...
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For starters, I have zero RE investing experience. I am not interested in owning SFH. Is it's reasonable to believe I could be successful starting off with multi-family units?
Here is my plan (keep in mind my 0 exper...
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Has anyone here used DoHardMoney.com as a hard money lender? They're listed in the directory here on BP but I wanted to see if anyone who has used them could share their experiences with them. Thanks!
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I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...