Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Below is just one example of the many websites and forums popping up around the country, depicting landlords as greedy, evil monsters. What's most interesting is the growing number of people that believe housing is a ...
Hi, A very close friend of mine has just sold his business and will net $3,000,000He is very eager to put his new found wealth into real estate. Having read books and listened to podcasts he feels multi-family is whe...
I'm normally very eloquent. But I'm just going to talk about the issues leading to my current situation:The house I'm selling fell out of contract.... THREE TIMES.I totaled my car during an ice storm 6 weeks ago and n...
Whether it be REI, Personal development, leadership, mindset, etc. - what book has impacted you in a major way and why? Looking to add some recommendations to my reading list!
I cannot count how many times I've seen a post on BP from someone young-ish saying how they just want to quit college (or their job) and "jump" into Real Estate. When I see these posts my brain immediately chuckles (n...
Hi guys,So I recently came across an amazing deal which I got under contract. I ran the comps and they are amazing, I am about 55k-60k under market value on this property. A house across the street with the same exact...
So I was advertising my mothers upstairs appartment out of Buffalo New York, ( The appartment is not section 8 approved) this is my first time renting out a space and I assumed you had to be approved to take section 8...
Background:
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...
I was talking about Real Estate Investing with some people at Home Show event, and as I was talking about getting rents up to market rates. A lady in the conversation asked me if I felt guilty about that (raising rent...