Is it a bad idea to use a personal line of credit to fund a down payment on a rental property ? I have very little cash on hand and I’m eager to get started on my first deal. I know not to rush into this thing or I mi...
Does anyone have experience with using either Baseline (https://www.baselane.com/) or Relay (https://relayfi.com/) when it comes to managing rentals and banking? I've heard Baseline ads on the podcasts, but I've also ...
Hi everyone!
Just wanted some opinions on my current situation. I have a multi -unit home just outside of Boston ( SUPER TENANT FRIENDLY STATE). I live pretty close to the home and thought hey, I can handle this hous...
I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...
Sorry for such a long post, but I'm semi-obsessed with this potential deal. I've been wanting to buy one of these brand new, all-brick duplexes for some time now. I tried to further break it down. All advice and...
Hi. I wanted to ask if this is a smart move. I am just starting and I want to own a 4-unit multifamily in Los Angeles, CA. This will be an expensive purchase. I plan to put 50% down to get some positive cash flow on t...
I currently owe $265k and was curious to see how much other investors owe. This is spread out between six properties.
I'm working two part time jobs (one at a mattress store on the weekends, another for a realtor) plus I'm taking classes this summer in college. I do my best to study real estate in my spare time and my parents tell me...
I am a 44 year old lawyer who is seeking to transition to real estate investing with a goal of retiring from my legal practice and making a living on income from real estate. I have $250,000 to invest and am intereste...
I was doing some reading about the 2008 bubble burst of the real estate market in the book "The AfterShock Investor" by David Wiedmer. He explains the cause of the crash, which we should all know about anyway, but...