Tomiko Graves
"Do Hard Money" - Anyone Familiar?
8 April 2019 | 26 replies
We are not perfect, nor are we the best lender for every investor, but no one 'loses' a deposit.Also- to address the local lender question, we use 2-3 independent evaluators in the immediate area to help us determine the profitability of a deal.
Kevin May
Should I make a handyman an employee or contractor
8 February 2019 | 10 replies
Hi Kevin,Discuss it with (your) tax specialist, because the IRS has guidelines as to who is Independent Contractor and who is an Employee.
Harold Lee
Looking to invest in my first property.
21 February 2019 | 10 replies
When you're evaluating different turn key companies, in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesThe table below might help you evaluate some of the most popular markets at a macro level.
Bryan Clewley
Newbie introduction from Boston!
11 February 2019 | 12 replies
My (developing) goals are based in creating wealth and financial independence for myself and my future family through multi-family rental properties and any other strategies I encounter that my skill set align with, in the New England area.
Corbin Jones
Introduction and first investment home purchase
20 February 2019 | 7 replies
In the meantime, I am working toward financial independence.
Ron Francis
55 year old newbie-How to begin?
10 February 2019 | 9 replies
My why was to obtain financial independence and specifically to augment my retirement income.
Nathanael Cotterell
Looking for a insurance company for my rentals in Charlotte NC
12 February 2019 | 2 replies
Your best bet would be to check with Independent agents, not necessarily in the Charlotte area, who have access to multiple providers and the surplus market.
Akkiemaj Frederick
Seller financing buy
12 February 2019 | 2 replies
Sometimes it's in MLS listings too, under the Financing section.Be sure to always evaluate the property independent of the seller financing: make sure the numbers are good, how much work does it need, that you're not paying over the fair market value, etc.Good luck!
Dawn Burwell
Getting a late start at rentals
15 February 2019 | 22 replies
I need to keep my Social Security disability for the medical, I am not allowed to return to work or I will lose it, but the fact of the matter is my leg got pretty messed up from a series of unfortunate events and I am unable to return to my career.I am allowed to earn income through rental properties it is not counted as earned money it won’t go against my medical it won’t go against my disability it’s really the only sure I have to be able to gain independence & not end up living in public housing or assisted living.
Kyle Green
1031 Provider in Washington State
12 February 2019 | 5 replies
The problem is that is they are not truly an independent title company the QI they refer . you to is simply going to be the national QI that is owned by their underwriter.