Wes Brumit
HELOC or not to HELOC
7 April 2024 | 8 replies
My goal is to build $10k of passive income from rentals and become debt free - meaning paying off all of my mortgages (home and investments).
Chao Yi Shih
Closing soon on investment and having regret
8 April 2024 | 21 replies
You will have lots of experience and knowledge from owning this unit.
Account Closed
Sample pre-foreclosure letter
7 April 2024 | 14 replies
I have done things with attorneys, CPAs, stock brokers, insurance brokers and others successful in business.General business knowledge, understanding of financing requirements, knowing property valuations, maturity in personal financial matters to give general advice, understanding of the foreclosure process, legal aspects as to liability in leading someone into financial matters, fully understanding fraud issues and the differences in a general matter where fraud might be applied as generally thought of and what may constitute bank fraud causing or even attempting to cause a loss to an insured bank having different standards.
Kris Rufino
Seller asking for Appraisal
9 April 2024 | 26 replies
Yeah mostly we just give small credit here but these days in our area seller only accept with no contingency at all and giving seller free rent
Scott Reynolds
PA & NC Houses, Solar Fields, S-Corps, & other shenanigans - biz structures?
8 April 2024 | 3 replies
etc.Here are some other bullet points if you need more info:- The PA properties are owned free and clear, in my name- The PA SFH is likely to be a long term rental (renovations currently) and will net around $1,500-$1,700/month if I don't borrow against it- The NC properties have mortgages, and are held in my name- I have a lawyer negotiating the solar deal, and have not signed anything yet, but is nearly a done deal- Unsure if solar proceeds have to go directly to me, or can go to a business I own- I'm unmarried and investing by myself/no partners- W2 is between $70-$85k/year- I don't yet have an accountant, but am going to be hiring one and discussing strategy with themThanks so much for your opinions!
Pavel Rudokha
New multifamily construction
7 April 2024 | 3 replies
North-east Charlotte and The Triad area.Would you recommend any knowledgeable builders and GCs who have experience in multi-family new construction?
Likun Mishra
Investing in Saint Augustine beachfront property
7 April 2024 | 7 replies
Feel free to ask me any follow up questions you might have.Chris
Jay An
New to RE Investing, Looking for Advice
7 April 2024 | 8 replies
I would say attend FREE local real estate meetups in your area.
Jordan Lowe
STR in the Gulf. advice needed.
6 April 2024 | 19 replies
Some people treat their STR like a hobby and others treat it like a business.You don’t know the numbers are based on if owners use it 3 months a year themselves, or manage it themselves and have STR knowledge or farm it out to a competent or incompetent property manager.In one area I invest in, the biggest players are all large direct booking sites with hundreds of properties so their revenue doesn’t show up on airDNA, etc.Use conservative numbers and understand your skills in terms of getting a property to be unique, marketing, listing management, etc. or the competency of the PMs you are interviewing.Good luck!
Jimmy Stretz
Platinum STR at Vail Racquet Club offers highest rental revenues possible!
7 April 2024 | 0 replies
Also, it's easy to get to Vail Village and Lionshead with the free Town of Vail East Vail Bus.