My wife and I have been investing for 10 years or so. About 5 years ago we decided it would be best if she stayed at home with the kids full time. During this time she has done a tremendous job not one with the kids, ...
Hi everyone! I have a 2 family property in the Detroit-Shoreway neighborhood and am looking to turn it into a MTR. My current property manager said he's not equipped to handle MTRs at the moment, and basically said i...
My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t ...
I love the idea of the 203K mortgage (which I learned about on a recent BP podcast), however I am not able to live in any investment property I buy. I know someone I could "partner" with, who would be willing to live...
I see some landlords say they own 10 or 20 rentals. I am not sure how they are able to do that - not the loan part as I am aware there are funding structures etc. but the cash reserves part. Don't people hold some cas...
A restaurant owner is looking to buy one of our flips, bank appraised at $200,000, we are asking $230,000 and buyer is happy to pay $230,000. The extra cash the buyer wants to bring to the table is from the restaurant...
I have recently found a foreclosure property and am in the process of getting Proof of funds and my down money together. I have been trying to figure out a way to fund the project without running into any tax proble...
Good experiences and bad please share feedback on hard money lenders you have used to acquire single-fam rehab properties in Austin area. Specifically, I am looking to purchase a SFH with major repairs/upgrades needed...
**ONLY looking for FEEDBACK here. Negative feedback is encouraged**BACKGROUND INFO: I have an innovative investment strategy that gives folks a unique way to invest in commercial RE without having to move capital. Thi...
My husband inherited an IRA from his mother in October 2019. It's currently worth $175K. We want to use the money to invest in real estate. He is 51, and from what we understand from the advisor, we have to take out a...