I'm going to sell my duplex in Michigan to one of the tenants that has been living there for 6 years. I've only owned the property for 6 months. This is going to be an off market deal. The tenant and I have come to ...
In recent years my mother has, as she said it, gifted me her old house, this process was done without me signing anything and I became the owner of this house that I'm responsible for. Just within the last year I've ...
This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth
Hello BP,
Just finished reading David Greene's Long Distance Real Estate investing book, which got me motivated. I am based out of Connecticut and looking for out of state, buy and hold properties. I have looked...
With only $1500 in my bank account, I made a decision to move to Las Vegas from my small town in Connecticut in July 2016. At this time, I knew the potential of investing in real estate but was unsure of exactly how t...
I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.
Sounds too good...
As a goal setting exercise and to be sure I'm focusing my education in the right areas I'd love your input on the following:I'm seeking 350k+/year in net passive income. How would you design the portfolio? What exact...
I have been thinking about relocating either in California or Texas. I want make this decision based on which state and city is better suited for real estate investments. I want live in a city where I can expand my re...
So a couple of my friends are thinking of purchasing properties at foreclosure auctions and it sparked my interest. The idea of purchasing a home at an auction was really appealing but I am not sure of how well it pay...
Hey guys, I'm looking to purchase my first real estate property this year and according to my analysis, househacking a multifamily house here doesn't make any sense, I feel like I'm missing something. Here's an exampl...