Hello everyone,My wife, brother, and I want to get into short term rentals in our area. We are in southwest Michigan on the coast and short term rentals are great for our area. I have reached out and started getting...
Started learning about Real Estate Investing when I started with the first MorrisInvest podcast about 4 or 5 months ago. Heard Clayton on an episode of This Week in Tech where he mentioned he'd be starting a podcast,...
My wife and I would like some information about a solo 401k
We have decided to invest in real estate and would like to invest under a LLC.
I read a few post about solo 401k but I'm unsure of the benefits.
My q...
Hi BP
I am running through some scenarios for a first rental property which will be out of state using a PM.
The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...
Hello BP members, We (two partners) are planning to purchase a cash flowing rental property under an LLC. From what I understand, LLC can be elected to be treated as 1. disregarded entity/partnership for pass through...
Current properties:
Investment (Value: 550K, Mortgage: 225K, Int Rate 4.5%, (-$200 Cashflow))
Primary (Value: 600K, Mortgage: 285K, Int Rate 3.5% ($0 Cashflow, and I live in it for free)
Goals: Increase net worth, ...
What creative financing strategies have investors used to purchase properties? If any investors have experience purchasing rentals using creative financing strategies you’re more than welcome to PM as I’d like to lear...
I’m an active duty military investor just starting out. We just purchased a SFH at our next duty station that we intend to live in then rent. I’ve got big plans and strategies for the future and my journey to financ...
Would it be a smart strategy to buy NPN or defaulted mortgages just to foreclose on them for profit . Is this a good strategy.
I live in Denver and own properties for rentals here. Lately, since Colorado is the new California, we are now in low supply market where prices are rising fast and anything that is good has huge bidding wars and peop...