Hello, I would like to buy a rental property. I have enough equity in my primary. Should I go for the HELOC or Traditional mortgage? I believe interest rates are better with heloc. But If I don’t go for the traditiona...
I was talking with a young couple who were complaining rent is WAY TOO HIGH and we need rent control . The average for a 1/1 here is $1700 and a 2/1 is $2000 . Now they were complaining , how can anyone afford that m...
Would it make sense to take some of the money from a loan when financing a new property a create a reserve for cap ex, turn over, etc? When designing my model I planned to build up a reserve over time from the cash fl...
Hi All,
Got an interesting situation and wanted to see how you all would handle it.
Bought a lake house in TN (near my hometown) for $250k. 50k. from our HELOC and then financed the other 200k. We were going to...
I would like to purchase a lower value performing note within my SDIRA but would like to partner with a fellow investor who does not have an IRA. Example: Performing note, $15,000 paying 15% interest only then payin...
Alright, so I've done some research into Whole Life Insurance and I think it has some awesome benefits. In my research though it seems to be pretty equal between the people who strongly advise against it and for it. O...
Hello! My name is Michael, I am 26 years old and right now I train and supervise lifeguards at Beachwalk Lagoon for a living. I don't make a lot from this job but it pays my static bills right now. During the offseaso...
Hi - I have saved up some cash aside and I am looking to break through this year in rental property investing for long term buy and hold for cash flow. My main aim is to have a proper legal structure for asset protect...
In regards to the IRS rule(s) that allow single/married individuals to realize a tax free gain on real property sales up to $250k/$500k so long as they live in the property for 2 of the past 5 years, is it possible fo...
I am going to inherit a house soon. I just started thinking about getting into real estate. I was thinking about leasing it for 600-700 a month. It's not too great of a house but it's okay. Would I be better off selli...