Liz Brumer-Smith
Using VA's for Bookkeeping
4 October 2016 | 8 replies
Great point to hire someone that is experienced in the industry otherwise you are just paying for data entry.
Thomas K.
Rehabber in Baltimore MD
11 February 2016 | 9 replies
However, if you go to the meetups, you can usually spot some of the 1% :)PS: Do note that just as you would vet a good investor agent, that same investor agent will probably want to also vet you and make sure that you are a serious buyer and not some random guy that is trying his luck at the "get rich quick" real estate scheme.
Ambra Goins
Real Estate Agent from Ohio
13 February 2016 | 2 replies
I was with a large brokerage at first, but recently switched to a smaller company so that I can learn the ropes of the industry.
Matt Smith
Expense allowed for 1031
9 February 2016 | 4 replies
Immediately after buying Prop B you do a refi or 2nd mortgage on it and take the cash out to pay yourself back for the expenses incurred in improving prop A.The second way would be to tap equity on Prop A to improve it and then sell it have the new debt paid off as a mortgage lien upon sale and then complete the purchase of prop B in the 1031.Industry preference is that new debt is taken after the completion of the 1031 so there is no way the service could construe that you took out the debt as a way to access profit outside the exchange.
Tim Dailey
first rehab, landlocked house with easement, BRRR
9 February 2016 | 2 replies
remove carpet and refinish sub floor, replace countertops, add kitchen appliances, move a wall to make space for a proper staircase, add a parking spot, replace oil tank if it isn't already a deal killer.Exit: hold as rental long term, sell on a lease optionAny thoughts would be much appreciated.Thanks
Lian Shi
Private money lender registration fee
11 February 2016 | 18 replies
@John Thedford what @Lian Shi is attempting to do is to get a second loan from a private lender.. the new term that many use in the industry is a GAP lender.
Chloe Amadi
New Member From Los Angeles, CA
13 February 2016 | 4 replies
Honestly finding this website/community, reading the blogs, and reading the books gave me everything I needed to jump full force into this industry.
Tinu Matthews
HELP! Is this a good deal or not?
11 February 2016 | 6 replies
It's a hot spot for student rental. .25 miles from university but in a residential area.
Kevin Anderson
Commercial Real Estate Broker from Madison, Wisconsin
12 February 2016 | 6 replies
Is there a good community on this site of investors that do office, retail & industrial investments?