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Results (10,000+)
Julie Muse Meadowbrook Drive Transformation: Partner Driven's Success in Huntsville, AL!
27 November 2024 | 2 replies
Partner Driven utilized a combination of resources to fund this project, including capital investment and support from our partner, Preston Moore.
Danny Lyu My 2 Options: Personal vs Commercial Loan
26 November 2024 | 35 replies
Several things to consider: 1) One of the main purposes of segmenting your assets into separate LLC's is so that your personal net worth or equity in other business ventures or properties isn't exposed, so unless you have a high net worth or a lot of equity in a property, it might not be worth bothering going the separate LLC route, especially when it restricts your financing of the property.  2) Most any commercial financing you get from a local bank for a small property is going to have recourse anyhow and require that you sign a personal guarantee, so you're still personally on the hook to the bank even in the case of a commercial loan.  3) If you're a newer investor and buying a deal that's tight on cash flow, or if you don't have a ton of cash sitting in the bank already, your greatest risk factor as an investor is your investment failing economically due to poor financing terms or not operating the investment properly, not because you get sued. 
Anthony Dupre Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
26 November 2024 | 17 replies
My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.
Ibrahim Mawri Seeking Advice on Buying Multiple Units in a Multi-Tenant Industrial Condo Property
23 November 2024 | 3 replies
Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?
David Georgeson Buying a property in an Estate please provide me with your thoughts and concerns.
24 November 2024 | 1 reply
The property is off a "main road" that goes through town and it is not a city owned street. 
Account Closed 11 Places to Find Foreclosure and Pre-foreclosure Listings
26 November 2024 | 3 replies
Many of these companies will provide information about the property, including the name of the owner, address, loan amount owed, and additional loans outstanding.
Michael Daniel Foreclosure list provided by foreclosure.com
26 November 2024 | 2 replies
@Michael Daniel - I'm experimenting with a few "AI" generated sources/lists now and my initial perspective is that they're another source of deal flow, but not much better conversion than other areas including wholesalers, MLS, etc...
Deal H. Turnkey or BRRRR?
27 November 2024 | 48 replies
When it comes to choosing between a turnkey property and a fixer-upper using the BRRRR strategy, it really depends on various factors, including your market conditions and where you are in your investing journey.
Jennifer Moscatello Oil tank addendum
27 November 2024 | 7 replies
Moving forward, I'd like to revise my lease agreement to include this language, thereby eliminating the need for an addendum, but at the moment, this is my solve.Thanks so much!
LeOla Fletcher First time homeowner looking to get into relabut facing a dilemma
27 November 2024 | 11 replies
Someone, including myself, would be happy to buy the property in exchange for taking over the low interest financing.