Hello, my wife and I live in Minneapolis and have one townhome rental. We love the long term buy and hold strategy and have dreams to buy more property - ideally a 4 unite multi-family property or larger. However, as ...
Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
What are your biggest pain points with personal finance? What problems do you have that you wish someone would solve?Some of mine are:- Splitting recurring expenses with roommates (e.g. rent, utilities, internet, etc....
My goal is to build a buy-and-hold portfolio to earn $5,000 a month in passive income, but I have learned today that passive and active income are gray areas. Can someone please help me understand the difference betw...
I am thinking of purchasing a 25 unit group of mixed properties in one town. 2 small mobiles, 1 SFH, multiple duplexes, 1 quad, 1 8-plex. Total 18599 sq foot. Purchase price $1,000,000. Repair and closing cost estimat...
Hey Everyone. I'm looking to get started in real estate investing with a house hack in the Irving Park Chicago neighborhood. There's a property I'm currently looking at that may offer the opportunity to initially pay ...
It's official. Our journey started in August of 22 with research and education, home searching and decision making. It is a difficult time to buy based on the interest, but on May 31st, we were able to finance a nice ...
Hello all, need a little help here. I purchased a 4 bed, 2.5 bath home 6 years ago in a good neighborhood in Los Angeles near a university and semi close to the beach. If I were to sell it this year, I stand to make a...
I have done lots of reading around here about folks using QuickBooks for their rentals. I am interested in doing something similar, but I’m not sure I understand the capabilities of the different versions and how thin...
Hi BP!I'm currently shopping around to find a quality Kitchen/Bathroom Cabinet supplier for my galley style kitchen in my condo in the Bay Area. Does anyone have a good cabinet location? I plan to live in here for 1 y...