I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
A friend at my "day job" asked me a question this week regarding cashing in his 401k to fund purchasing more rental properties, when he learned that I was in the rental property business. He's a mid-forties corporate...
In your experience, could one possibly hit the $24,000 monthly net-after-tax rental income mark in ten years time if: (1) they had $120,000 at their disposal every single year to invest for the next 10 years; (2) they...
I've been following threads on investing in the Midwest on BP. I saw a few threads on the NW Indiana region. A few areas recommended included Hammond and Merrillville. After a bit more research, Hammond turns out to ...
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
Location: Washington, DC (Nearby Tyson's Corner due to work location)Status: Single. No debt. Sitting on a pile of savings. Goals: 1) Move out of the, 2) generate steady rental income even if I move out of the place a...
My wife and I started real estate investing about four years ago. We like the buy and hold philosophy and have done 5 rehabs of foreclosures. We are in the process of obtaining our 10th conventional mortgage and our...
I found that investors are focused on their local market because "they know it" even if return rates are much, much lower than in other areas...If they decided to be REI, so assuming they want as high return as possib...
Hi all, Who is investing in San Antonio TX? And what is your most recent deal?Just trying to get a thread started and meet people that are investing in San Antonio.
Over the past few weeks I have begun to get the sense that the San Francisco Bay Area market may be turning a corner. I have very little data to back up my feeling, and I am certainly not a market timing expert, so I ...