Hello all, I purchased an off market property into my LLC's name. I initially had the intent to flip the home, but I am now thinking about living in there and eventually renting it out after a year. My renovations are...
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How much insurance coverage would you recommend? Purchase price 37,500Rehab 45,000Arv 150,000The quote I received has dweling protection coverage of $425,000 and the policy is $6,000is that right? Thanks
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Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
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I keep hearing about how the rich file bankruptcy not because they are in trouble but as a strategic way to build more wealth. For example Donald Trump, Rich Dad's Robert Kiyosaki, 50 cent, Henry Ford even Walt Disney...
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Hello everyone! My name is Josh I am 28 years old and live in the Cleveland, Ohio area and currently have been working hard towards saving to finance my first BRRRR deal. My goal has been to save up 100k cash in order...
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Hey, just had a question for landlords out there to see what everyone else would do in this situation... We have a tenant who has been on time or early coming up on 3 years now and keep the place in excellent conditio...
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We're scheduled to close on a beautiful home for our family on November 15th. I'm also under contract on a nice cash flowing multi-family rental property. Our plan was to do a cash out refinance or HELOC of our curren...
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Can someone give me a good example of how someone could overleverage themselves in Real Estate. I just don't understand how this could happen because wouldn't the bank see that and not loan you the money for the deal?
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I’ve been personally investing in tax lien certificates lately.
If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued...