I just read Rich Dad Poor Dad,it was a good read and very motivational. It seems like all these books are motivational, and give you examples of deals they have found. The one thing I notice these books lack, is the...
Hi,I’m in the process of buying a second home and turning my primary into a rental. I’m currently fixing a few things on my primary to get it ready to rent. I’m a little overwhelmed on the to do list, details of lease...
Hi folks,I have a sticky situation at one of my condo rentals in Raleigh, NC. It is a 4 BR unit where I pay the utilities. The renters are all students at the nearby State U. The electricity cost is paid by me due ...
Hello everyone, I have a question for some professionals and financially savvy people. I want to get started in real estate and I know first I need to get my finances in order, and I have always been great financially...
Situation: in 2017 I got a property under contract for $60k. Found a buyer, who paid $1000 earnest money to the owner. Owner was elderly, and his wife had passed away in 2010 without leaving a will. So estate had to g...
So I just had a discussion with a retired family member who made her money (millions) in real estate. I brought up the BRRRR strategy and she got upset that I brought this up as an actually viable strategy. She asked,...
I know that's stupid question.
I just don't see how I can start my first investment with positive cashflow. I would be banking on the appreciation. Is that really wrong? You gotta start somewhere right? If I can ...
People lose it all. Huge lottery winnings or the sale of a high tech company. If you had 10,000,000 (or a 100,000,000 for that matter) and could earn 350k a year with 30 yr treasuries, or own all of a neighborhood, a ...
I was thinking of putting my rental property into an llc. Any suggestions? Do I need a lawyer???
I am moving to Phoenix AZ. I am looking for house hacking with multifamily property. I am new in the REI market. I have few questions regarding multifamily investment.
1) I am looking at the neighborhood which has cr...