I started my real estate investing journey earlier this year by buying an out of state property in Detroit Michigan with the goal to fix and flip as a turnkey. I did some major rehab (new roof, windows, etc) and also ...
Don't look now but mortgage rates have declined at an almost historical rate during the past month. Just 4-6 weeks ago clients purchasing second home or investment properties were being quoted in the 8%'s and even..gu...
Hello BP,I’ve been a long time reader but have been hesitant to post. I am in the navy and have recently moved to San Diego. After working with Navy federal credit union, I was able to get approved for ~600k(1-2 unit ...
I was a real estate agent for about 3 years until I was offered a job that I couldn't resist working from 8:30-2pm everyday with two little boys at home and very well paid so I let my REL expire. I am now about to in...
Hello All!I was recently advised that the best way to setup a new investor business is create two separate companies. Both a S-Corp and LLC. I was advised that an LLC should ONLY hold property (up to $1M) while the S-...
Currently my husband and I own three rental properties along with our primary residence. We are interested in moving toward small multifamily i.e. 4 to 6-plex to start. My question involves financing. We have a home t...
I have a home I want to rent. The problem is it is 1 1/2 hours away from where I live. I anticipate renting the property for $350.00 - $400.00 a month. What is the best way to show the property and field all the call ...
Hey guys, I live in LA where appreciation is great but cashflow is not so good. I'm open to either house hack in LA (appreciation should be solid) or invest out of state for cashflow. From a financial perspective, how...
Howdy, Long time lurker, first time poster. I was waiting until I had a good scenario/question to pose to the group before I made a post so here it goes.I've been speaking with a client of mine who wants to sell his ...
I am planning on buying a small multiunit place out of state since prices in my area are too high. I would like to minimize the cost associated with managing the property and am willing to do as much of the work myse...