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Hello all,This would be my first flip/first time investing. I live in Austin, TX and wanted to house hack to try to have most of my mortgage covered while living in a house. The market is very competitive, rising and ...
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Hello! I am looking for some advice. What are the positives and negatives for a FHA loan? Since I don’t have much in cash ($600) I want to use that loan to buy a property. Particularly, an apartment. Any advice? I am ...
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Let's talk about it. How is our situation in 2020 different from the 2008 crisis? What strategies worked then that will not work now; which ones will be just as successful?
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So as I evaluate multi-family properties in areas that I would like to purchase, it always seems like they are WAY overpriced. Maybe I am doing something wrong, so I am looking for help.
Here is an example pr...
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2012 my seem like a long way off, but 28 months isn't that far away. This Business Week article is a couple months old and it predicts a couple more down years followed by a return to normalization. Of course it hed...
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Warren Buffett recently told his shareholders that they should expect stock in his company to lose 50% of it's value sometime in the near future. In other words, expect a recession.How does this affect the flipping bu...
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HelloTouring a 12 units tomorrow at 10am with a agent, property been on the market for 1 year, currently just two tenants. From what the agent told me a family owns it, but I discuss they never cared to update units o...
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This was my third deal after the house hack last year, and the flip I sold earlier this year. This one was another great learning experience. I'm a firm believer that your first few deals probably won't make you rich ...
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We closed on a property in April. Our lender just reached out and informed us the FHA is refusing to insure the loan. This means our lender is kind of stuck and the loan is going to stay on their books. They want th...
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Multiple sub-questions when I ask this because I get pretty confused on this topic. When and why do I need to set up an LLC (For rental investing and flipping)? Will having an LLC for 'each' property do any real justi...