So I am as new as it gets to real estate investing and I want to start investing and making passive money so bad I can’t stand it! I literally wake up to audio books and go to sleep reading the forums on BP. I have $1...
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
My Drawing of my outsourcing of short sale transactions
I know I didn't invent this stuff, but I wanted to organize my process. Here's how it works.
I train Realtors / Agents to bring me their potential short sale ...
As an investor, it didn't make any sense why I was letter a buyer's agent collect 2.5% of the purchase price, for the minimal return I was getting. After many sales, I knew the real estate forms well and had the buyin...
Hey there everyone! It’s been a pretty awesome (and hectic) 11 months for me. I went from having just one rental at the start of the year, to having 3 houses close at the same time, with rehabs of various difficulty...
I am a senior in high school and I am wondering if taking a gap year and working 50-60 hours a week to get some starting capital is something to consider. I am wondering if I should do that or try to get through commu...
Hey everyone,I am just completely unorganized. My situation is stressful but I realize I am creating that stress mainly. I work 65+ hour weeks running a kitchen, so that is already stressful. I realized that I am lo...
suggestions as to what I should do hitting the 10 mortgage limit? I could do hard money but that doesn't seem to be a good long term solution. Or just go all commercial? Any thoughts?I'm currently at 7 conventional mo...
Folks, Newbie here - so please be a bit soft on me...:-)I own a home (#1) in the Nor-Cal South Bay-Area - which I bought a few years ago, for a little under $800k. Current mtg is $1300. Property tax is ~$900/mo. Add H...