Chris Welch
Scenario Advice
29 December 2013 | 5 replies
Finances: I'd like to secure a bridge loan to get me comfortably through the final push of the project.
Gunnar Teltow
First two deals under the belt!
26 January 2014 | 24 replies
Even if you run the economics only out to 10 years and assuming zero appreciation and 60% expenses, the numbers are pretty eye popping so everybody wanted in.I already had a Texas series LLC for Deal #1 so I simply opened a new series, collected the funds, and closed on the purchase.The loan route is not much more difficult once you find a willing private lender, all you need is a promissory note and a pledge & security agreement.
Matt Todd
Is putting properties in an entity worth it?
29 December 2013 | 12 replies
I was trying to get a secured loan for 13k to consolidate some credit card debt.
Dan R.
Seller-financed IRS reporting
30 December 2013 | 7 replies
If he still doesn't want to do it, then you can't make him be rational about it and it just won't work.If he insists on getting his payments in cash, I would have him show up at my bank where he can receive the cash and he can go out in public with large sums of cash.
David Lee
Does this sound like a good deal?
26 January 2014 | 9 replies
Public water and sewer or septic tank?
Justin Maynard
Trulia vs Zillow vs Realtor.com
31 December 2013 | 6 replies
Guess what gets recorded as the sale price in the public records?
Zac P.
Tenants transfering to another rental
2 January 2014 | 5 replies
I'm assuming a 3 bd place would cost more than a 2bd place.What about the security deposit?
Paul Zierk
Real Estate Agent/Buyer Agent Agreements
30 December 2013 | 1 reply
I've been burned before in showing a place and then the client used another realtor to secure the deal.
Ollie Gray IV
Young and Ambitious or young and foolish?
1 January 2014 | 25 replies
@Ollie Gray IV - ideally, if you can secure a low interest, fixed APR, loan on a property in a good area - you will never sell it...
Derek Carroll
Checking on your rentals
1 January 2014 | 6 replies
If the damage is beyond the security deposit, my mentor will inform the residents that he is going to have a handy-man come fix the damages and send the bill to the residents.Knowing how much damage can happen inside a unit, I plan to start inspecting the units in the New Year.