Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $465,000
Cash invested: $24,500
I utilized a renovation loan, with minimal money in and COC return that was ...
I found a potential deal where the numbers almost work out too well. It's a 4-plex in a decent beach community a few hours away. The tenants are inherited, which has me nervous. The deal comes from a wholesaler, so it...
This article is pretty much destroying every claim I learned the past few months about self-directed IRA and its use for real estate investing . Any thoughts on the matter ?
https://www.forbes.com/sites/lawrencelight/...
Most people believe that you need an excellent credit in order to buy a home. Although higher a credit score means interest rates will likely be lower, a low credit score does not disqualify you from a mortgage. You c...
Real Estate Myths. I am glad my Mentor @Karl Krentzel is willing to tell me the truth so I can get deals DONE. Her are a few myths he helped me DEBUNK1) Myth #1 Realtors mess up deals and are a waste of time.False - ...
I am looking to buy my first property and was leaning towards a househack/investment property. I have made a few offers but they've all been overlooked because of me utilizing the VA loan. Very often the selling agent...
Myth 1. IRS audits are very common / IRA audits are so rare that you can forget about them
The latter was true during the recent Covid years. We recently had an under 1% audit rate. However, two things are good to re...
Would love the input of fellow investors - what are the key pieces of advice ("facts") you have that debunk myths you've heard in the REI industry? Example: Listing says "It needs a little TLC..." - Code for "Total G...
I just bought a house, and I know when you make bi-monthly payments to your mortgage you end up making an extra month of payment at the end of the year.
If I choose to pay weekly, is this better? Would I end up mak...
"Don't let common excuses hold you back! 🏢 Here are some myths debunked:1️⃣ 'It's too complex.' - With the right guidance and education, navigating multifamily investments becomes manageable.2️⃣ 'I don't have enough c...