I thought it would be insightful to share my 10 year plan here and see how realistic (or unrealistic) it is from people who actually know what they are doing. The first problem I've spotted in my plan is expected too ...
I am seeing a lot of construction of investment properties (Duplex, Fourplex, Single Family Rentals) going on in a handful of Florida locations. I do not know Florida very well. Can you tell me what is driving this...
Everyone please help me out I’m really confused. Let’s say a syndication deal or equity fund consists of an 80/20 split, 1% acquisition fee on purchase price, 1% disposition fee on sale price and 1% asset management f...
Hi all! My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previo...
Why is positive cash flow mandatory in a real estate investment? I understand looking for positive cash flow is a good proxy to avoid making bad deals when you’re a beginner, but if you’re careful in your estimates an...
Hi BP! So I'm taking a look at the eBook from @Ben Leybovich called 20 Ways to Buy an Investment Property with $2,000 or Less, which you can get here.I heard ben on the podcast a few times, and his words really reso...
Hi BP,I have done readings on LLC setup for rental properties. I am now confused as I kept seeing different ways people do things. I have consulted with 2 different CPAs before and they told me 2 different ways.We cur...
ok im about to make an offer on a duplex. My cost i going to be $93,000. My mortgage is going to be $758 a month, and my two units are occupied at $450 on each side. This is below the little cul-de-sac. So we got ...
I need help. I started wholesaling a few months ago with a little help from a friend of a friend who happened to be in town that weekend. I am in San Diego and he lives and do business in Arizona.
With his he...
I have been in contacts with local banks for over 4 months now in hopes of building a partnership that follows the new ARV (Appraised Rental Value) after renovations. Here's some of my observations...1. Banks usually ...