Neil Wei
Multifamily househacking analysis help
Hey guys, I'm looking to purchase my first real estate property this year and according to my analysis, househacking a multifamily house here doesn't make any sense, I feel like I'm missing something. Here's an exampl...
Pat Bahn
Best Self Directed IRA trust companies?
I am looking to do a self directed IRA, i was thinking of using
the "Equity trust Company" www.trustetc.com.
Their fees seem reasonable, the service seems capable, and they
are out of Ohio which is not a hotbed of f...
Jamie Dupont
Rochester NY LTR Tenant 4K damages
We have a LTR in Rochester/Greece NY that is under PM. We served the tenant 90 day notice as she was throwing massive parties in the home with complaints from neighbors, etc. Have not cash flowed the property for 2 ye...
Michael Pazirandeh
Is it really worth setting up an LLC?
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...
Abby Paulson
Targeting the 60+ Year-Old Renter - Good Idea, Bad Idea?
A fellow investor recently said to me, "I want a 60 year old renter because they're stuck in their ways and I want them to be stuck in my home." If this is the target renter, you'd have to have single-story homes with...
Dean I.
Made 22k on my first flip without any of my own money
Numbers (rounded to nearest $100)1350 sf3 bed, 2 bath1 StoryNo GarageListed Price $45,000Offer/Purchase Price $50500Original Estimated Renovation Cost $17000Renovations $20,000ARV $106,000Sold $109,500Closing Costs at...
Jordan Wharton
What do you wish you knew sooner?
I've been reading a lot of books and blogs on real estate investing as well as listening to the BP podcasts. I'm amazed at how much I keep learning. As you look back at your real estate investing journey, what do you ...
Therese V.
Different price for more people?
I have a 3 bedroom rental that has max occupancy of 6 people. I am renting it starting Dec 1 for $850 to a husband/wife. They came looking at it with her mother and we think they are going to eventually ask to move...
Bill Gulley
Felons, Do You Rent To Them?
Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.
HUD has this guideline in public housing. In some cases it...
Bryan Galaz
How can I use the equity in my primary residence to get started?
I have over $500k in equity with my primary residence and feel like I should be using it to get into real estate investing, but have no idea how to get started. How can I use that equity to buy a rental property?Than...