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After two months of religiously studying this board and reading numerous books, last night I finally attended my first REIA. I felt extremely prepared as I had a sold foundation of knowledge (much to the thanks of ma...
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Hi everyone,My name is Vince from Chicagoland area. I was reading a book on rental property by Brandon Turner and was referred to this page. I'm VERY excited to go down this path as a real estate investor :) I've bee...
So I've been reading all the forums here for almost 2yrs and its frustrating when someone ask a question about contracts and wholesaling. They rarely get a straight answer without all the noise. As a newbie this frust...
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Hello BP,What appliances do we need to provide for our tenants? My realtor said no fridge or laundry machines because of liability issue, but throughout the years of renting myself I never had to bring in my own fridg...
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Hello,Quick question. This is probably somewhere in the thread, but wanted to ask. I am getting ready to purchase a note where neither the seller nor myself lives in the state where the property is. All of the pape...
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I am a minor league baseball player and I have zero experience with multifamily other than what I have read on it. I understand the best thing to do is start but I feel unequipped to take that jump and was curious if ...
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I currently own one 60 unit (soon 90 unit) facility that is 15-20 minutes from my home. I am in escrow to purchase an 114 unit with room for expansion that is about 90 minutes from my home. Looking for advice and reco...
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I have a solo 401(k) and the funds are held in a business checking account in the trust's name at Wells Fargo. Apparently Wells Fargo is the most popular bank to use for this. I just found out that if I don't make a...
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Generally speaking, there are two main strategies when buying multifamily properties: Turn Key and Value Add. These strategies are very different and both have pros and cons.
In a turn key investment, the buyer does ...
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I made a lot of bad decisions in college, I started partying, racking up loans (even though I had full scholarships) and somehow still managed to max out two credit cards. It's been a year since I graduated college, ...