I highly recommend that people track their personal finances, especially beginners that are just learning about real estate. I use (obsess?) mint.com, but there are lots of platforms and other's that have come up in f...
I am under contract on a property. My partner is providing the capital for down payment, and renovations. Partners capital is currently in mutual funds with a Financial Advisor Firm. We met with his advisor about 6...
Hi everyone, I am about to create my first (Florida) LLC. My first investment property will be a SFR and loan will be on my name only (income reason). I was told by one lender that the property has to close on my na...
Hello,My name is David. I am a 24 year old active duty sailor. Next year I will return to civilian life and make around 120K a year ( + or - 20K). I will be working remotely which means I have the opportunity to live ...
Hi everyone, I have been with BP for a while but have not been very active. After reading many blogs and forum post I am ready to take action. I would love to get some advice from any active real estate investors. I’m...
I own a single-member LLC that I have been working and reinvesting to for over a year now. I have been thinking about buying my first property under the name of the LLC, since I have more capital in the business than ...
First post! I just bought a townhouse 2 bed, 2 1/2 bath. Bought for 55k. I took a 45k personal loan at 36mth at 12.12%. Renter in place at 850 a month. Pays all utilities. I can pay off the loan in 11 months. I can al...
Hey, I am new to REI and am undecided whether or not to take out a personal loan to quickly amass my down payment for my first property?My wife and I both recently moved to Texas, have good jobs with no prior except l...
Hi I am considering renting to section 8. If I own the home(deed in my name) can I get paid rent from section 8 through my business? Thank you
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I am curious how many of you guys own your own home? I ask because my focus for the past several years has been paying off the mortgage. Now that I can see the light at the end of the tunnel I can feel comfortabl...