The 70% rule in real estate can be helpful when comparing properties and making a final determination on which one is the best investment. Understanding the ins and outs of this rule is imperative to using it to your ...
Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...
Hello all - My tenant's lease ends July 31 and I did not receive last month rent for July. On inquiring the tenant informed me their deposit (equal to one month rent) should be applied to last month rent. The lease sp...
Hi I am looking to invest in note fund, but have a general question on how interest rate might impact the future return of a similar note fund. Assuming the current note fund I am looking to invest has x% return and h...
Hi everybody!I'd like to take this chance to introduce myself as a new Minneapolis investor. I graduated from the University of Minnesota and I currently live in Los Angeles (Mar Vista). In the next 6 months, I plan t...
Hello BP!I've been on this site for over a year now, attending webinars, reading daily blogs, and scouring the forums. Just wanted to introduce myself, I'm a new investor from Dillsburg, PA (15 miles SW of Harrisburg...
Almost every wholesaler use the same we buy house for all cash strategy. I tried that approach when I contacted sellers. I want to try a different approach. Instead of coming at the sellers with that same old I will b...
Hi All, I am struggling with a question on whether to sell my primary residence or hold it as a rental in order to start investing and could use some insight from more experienced investors. The back story is I live i...
I'm using a CPA for the first time since 2017 was my first year having a rental property. He's my parents' CPA and they have one rental. He told me I can't take any home office deduction (I'm interested in the "simpli...