Noel Dixon
Buying a motel room?
17 May 2024 | 6 replies
There are a couple of builders selling new construction for under $300k. with 20% down and closing costs you could have a brand new HOME.Best of luck
Kristine Ann
Will the bank show up to the auction if they stopped paying taxes?
18 May 2024 | 9 replies
This is not a good move on the banks part, but they tend to delay any costs as long as they can.
Abdenour Achab
How would you mitigate the environmental risk
18 May 2024 | 8 replies
What else would you do to mitigate the risk of environmental contamination that would cost more than the land is worth.Note that I am not concerned about minor contaminations that can be fixed for under $25,000.
Kevin S.
Question on Checkbook IRA
17 May 2024 | 13 replies
I read that companies offering a checkbook IRA LLC set up package cost more than that set up by an(my) attorney or CPA.
Pari Z.
Seeking First Investment Property to Start Build Generational Wealth
17 May 2024 | 12 replies
But given our high cost city and sky rocketing interest rates, early and simple analysis of any property has so far resulted in negative cash flow.
Angela Tod
Review of Soli Cayetano's (Lattes & Leases) Private Money Playbook Course
17 May 2024 | 2 replies
This is hands down one of the best investments I've made in my own education (for contrast: my BS and doctorate cost me $250K, and for RE, apart from books, I recently spent $18K on a syndication coach and $5K on multifamily strategy with Christian & Cody) -- and her course was a fraction of these costs at only $2.5K (Soli: you should up your prices, you are worth it)!
TJ Farrington
Currently trying to wholesale a property with a tax lien of $120,000
17 May 2024 | 4 replies
However they are slow and they will do their research to determine valuesWhoever the taxing authority is, they will look at the value of the property in its current condition, then subtract foreclosure costs, marketing and closing costs to arrive at a net value to them.
Maxwell Emerson
How would you capitalize on appreciation?
17 May 2024 | 7 replies
It increases cost and creates time pressure that he would not have from a straight sale.
Drew Sygit
Top 10 Biggest Midwest Cities: Which are Growing & Attractive for Investors?
17 May 2024 | 6 replies
I can barely get firms to look at columbus with 10x years of experience thats mostly for ground up. the average house cost is still less than 100k which means you have a lot of houses to tear down still to create a housing shortage. the economics don't make it favorable for any type of investing but turn key or maybe ground up in the urban core which works in any city. but compare any of these cities, I'll take Indianapolis, Chicago, Minneapolis, and columbus and Milwaukee and pass on the rest.