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Results (10,000+)
Paul Azad Preferred Equity passive investing - multi-family. Is the Juice worth the Squeeze?
18 September 2024 | 6 replies
I ran the numbers for any investment below 250k and for the 3 year hold period after 1% annual management fee and 1.25% startup fee, and the profit split, comes to 10% compounded return or an 11.2% avg annual return on a 1.33 EQM on 3 years.
John Lubin Shouldn't Prop Manager handle eviction?
19 September 2024 | 30 replies
1) We want the court responses going to the attorney, not us.2) We use eviction-focused attorneys that have scales of efficiency & price accordingly, so we really wouldn't save the owner much anyways.Have tried to share the "other side's perspective" with you, but you seem stuck on proving you're a victim.WIsh you the best of luck.
Thomas Austell Is this a good deal?
18 September 2024 | 4 replies
DEAL BREAKDOWNEMD: $50,000Sub-To (with a 3-year balloon): Mortgage takeover is $5,900/month.Purchase Price: Agreed upon variable price for 3 year period.
Ellen Feiss Advice on dealing with inherited tenants
19 September 2024 | 6 replies
If you anticipate challenges, it might be strategic to wait until closer to the 90-day notice period required by law.
Robin Castillo Should I form an LLC?
18 September 2024 | 6 replies
@Robin CastilloLLCs are useful for legal protection, but they require separate tax filing, typically cost several hundred dollars to create, and most non-commercial lenders will not lend to LLCs.Commercial lenders will lend to LLCs, but their interest rates are significantly higher and they require collateral that regular lenders don't.I would not create a LLC specifically due to the issues in getting a traditional mortgage it will likely cause.One potential route though, is to get a traditional mortgage in your name and then assume the loan after a 6mo "seasoning" period with your LLC.
Tayvion Payton Looking to network & learn about the DFW market
19 September 2024 | 10 replies
Former Lifestyles trainer Steve Davis has started this and has some Dallas trainings and meetings periodically.
John Williams Real Estate Myths
17 September 2024 | 19 replies
There is no 30 day close with a 21 day inspection period haha 
Julie Muse First Fix-and-Flip Triumph with Jeff Dilldine in Linden, MI!
16 September 2024 | 0 replies
The $105,000 renovation budget was a significant commitment, but we managed the project efficiently.
Hares Najand How to Split Water Bill for Duplex with Single Meter
16 September 2024 | 6 replies
Specifically around efficiency in devices when not maintained and challenges with realizing potential earnings with device electrification upgrades.