I live in Manitoba, Canada, where no or little money down finance strategies and wholesaling are illegal. I currently want to start out in REI, so I have no hands on experience with doing any REI deals, flips, etc. ...
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Thought I would start a thread to see how different people define risk and take it into consideration.When I was in Grad School one of the finance advisors, who also manage money for other people, defined risk as "The...
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I have an uncle that has owned 6 trailer parks (over 100 trailers) for 16 years. Average profit on a trailer park is between 10-15 percent . My uncle has done 84 percent for the last 14 consecutive years (these number...
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In order to build wealth and make money work hard for me,I am thinking about how to use the equity I build.After I purchase the property,if the refinance LTV ratio is 70%,the value of property should increase about 40...
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Hello BP!I was hoping to get your thoughts about a niche I was looking to to pursue with my boyfriend @Carlos Arjona. We want to invest in buy and hold properties, but we feel that pursuing this strategy will better b...
I'll keep in brief. What is the general philosophy regarding paying off an investment property?I'd really like to hear the opposing sides. More equity means lower payment and higher monthly cashflow...my beer math tel...
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A little background about me to better help everybody understand what I'm working with. So in 2011 I got out of the navy and went to a trade school to learn how to work on cars since I wanted to open up my own shop in...
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Hello so there's this property that I would like to acquire but I want to know if I'm wasting my time reaching out to them or is there a possibility that I could make money on this.ARV: $500,000Rehab: ~$33,500 (probab...
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Hey all,
I have been doing some learning about tax implications for owning rental properties and I had a question.
Its my understanding that you can carry over net operating losses from year to year basically indefi...
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Hello everyone. I am a Real Estate Rookie and just getting started. I wanted to find out how to scale growth and continue to add more properties to my portfolio. I took out a HELOC to pay for the down payment on my fi...