Edward Parker Parker
Honest Question about alternative strategies
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...
Vasyl Levchenko
Picking a cashflow market to scale
Hello community,I am evaluating some cashflow markets that I am interested in and would like to share my findings and thoughts on the subject and listen to your feedback. Critiques are encouraged as this is a combinat...
Ran Iarovich
Fun Feasibility: How would you go upon making 1 million in 5 years
Your profile:
- no assets
- no liabilities
- $10,000 in your bank account
- $20 minimum wage 9 - 5 job
- Location: Seattle, Washington
- connections already established with vendors, education, lenders, and...
Levertis Brock
What is the penalty for backing out of a seller finance deal?
I backed out of a seller finance deal after the contingency’s expired what am I on the hook for?? I’am being told from the law firm that was handling it that I have to pay the paperwork fee a title fee and pay for a r...
Bryan Hancock
Series LLC Advantages?
Rich and a few others have posted on this already and I read through those threads already so please don’t cite them here.
Is there any value in setting up a series LLC from an asset protection standpoint? My un...
Michael Seutin
HERE IS MY IDEA
What do you guys think of this plan?
I buy some mailing database of doctors, lawyers... I either email them or mail a postcard to ask them if they would be interested in getting 8% on their money backed by real estate...
Alexander Alguire
Your BIGGEST "There's no way I can do this whole REI thing"
As I am in the process of getting educated and either finding a lender who will lend to me, or a partnership/other sort of creative way to buy, I had a total "how the hell am i going to do this moment" last night that...
Renee Z.
Income does not qualify for a second property
Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...
Natalie Schanne
Help!!! My spouse doesn't want to house hack and I REALLY do!
What's your advice for convincing your spouse to get interested in House Hacking?I love Scott Trench's Set for Life House Hacking mindset. Since 2009, I've owned a foreclosure-rehab turned house hack (5 BR 3 BA). I li...
Jonathan Jaffe
What kind of interior paint for rental properties?
Does anyone have suggestions on the type of paint they recommend for use in rental properties? Low maintenance and durability are my goals. Just starting out with my first rehab! Thanks BP family!