All Forum Posts by: Ram Hernandez

Facebook has some groups for rentals property. Good luck! 

My wife will manage our expenses for our 1st flip. She will generate an excel spreadsheet with all the expenses. 

My question; how many subcategories we need to have on the spreadsheet or how should we split the expenses?

Thank you, 

Ramiro

My hard money lender required me to have an LLC to borrow my first loan with them. This is the only requirement I don't have ready yet.

Since this loan will be to flip my first house, later on, I'm planning to keep some houses for renting as well. 

So how can I structure my LLC to cover both areas renting and flip?

Thank you,

I'm planning on doing my first flip soon. 

After my contractor and I agreed on a deal to do my flip. I'm planning to give me my credit card, so he can buy all the materials for my house rehab, 

I think in doing this way, I can keep control on what I pay for materials and receipts. 

Is it this system sound correct to do it? 

@Derrick Johnson

Meetup.com has few RE meetings weekly or so.

I did receive my confirmation number for the book, but I did not receive the link to download it.

Do you receive the link?

Thank you,

Are all hard money lender LISTED on this website are legitimate? 

The fact that they are listed here, can I trust them?

How can I verify theirs legitimates?

Thank you,

Thank you, It will help me a lot your feedback.

I would like to know how to figure out what type of houses rents better around my area. 2 or 3 bedrooms? 

I'm planning to buy me a small second house to rent, but not sure, if they are renting well around my area. 

I'm planning soon buy my first rental home, however, I'm trying to figure out what would be the best type of loan for this situation. 

I already have an FHA loan for the house I'm leaving it now. I have been working on a company for about 8 years.

Thank you,