In another thread I mentioned one of my hard money loans was going to default. It did, and my business partner and I have now taken back the house deed-in-lieu.
The place has some cosmetic issues. Its total white...
So in his book "Complete Guide to Money", he says that you shouldn't even get into real estate investing until you're out of debt, maxed out your 401k and Roth IRA options, have paid off your own house, already have e...
Hi,
Whats the general math rule for rental properties ? How would one figure out if the numbers work ?
Thanks
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
With all things that are done intentionally, education comes first. Education is primary to your success in business, and in all circumstances there is an identifiable pattern of learning that leads from thought to a...
I've been doing a lot of reading these past few days. I've been analyzing my market and comparing them to others around where I live. I've been trying to do my due diligence, to come up with my business strategy, and ...
Hi All,I'm still debating investing in my home market of the Bay Area, CA, or doing a STR in Maui. Despite preferring to invest locally, I originally ruled out the Bay Area simply because I didn't think I could get so...
Hello:Any one use chris mcclatchey's wealth building real estate program aka My Real Wealth? I attained his presentation in Chicago. He claims $ 00.00 out of your pocket and using seller financing approach. He claims ...
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
BREAKING NEWS..........................
“Detroit home values jump 20%, biggest gain in 2 decades”
DETROIT RESULTS ARE IN...
PROPERTY VALUES HAVE SKYROCKETED IN THE COMEBACK CITY...
RENT TO VALUE RATIO’S #1 IN US...