Mani Swagath
Being a realtor for own property
27 November 2015 | 6 replies
As a real estate investor could be dealing with multiple sale transactions over time, having a real estate agent license could save the 3% of sale every time, however, i read that the seller being the agent could be a red flag for the buyer.
Tarek El Souki
How obtain money for your first investment if your 18?
27 November 2015 | 8 replies
Save every red cent possible.
David Jones
Adam L.
New Military Member from... Everywhere
11 February 2016 | 20 replies
Great area for families, bike trails, beautiful town center....
Pyrrha Rivers
How would you structure this deal?
29 November 2015 | 0 replies
Not many sales in the area and just a couple similar properties within the past 6 months.County assessed value $47KTaxes $1160Comp #1 sold 2 weeks ago for $67K (No interior photos)Comp #2 sold for $76K in June (Average rehab).Comp #3 currently on the market for $95 not yet sold 34 days listed, so it may have to be reduced to sell (Rehab was beautifully done).Based on these comps I assigned a conservative ARV of $67 to stay in line with the lowest comp.Owner says it will rent for $750 - $800.
Brandon M.
Who do you issue 1099s to?
1 December 2015 | 16 replies
I don't submit 1099s without an SSN/EIN because of the red flags and potential penalties, but that's just me and I am not an accountant.
Charles Marshall
Common exit strategies for buy and hold investors
1 December 2015 | 28 replies
The beauty about buying properties at a discount is that if you change your mind the next day, you can sell and make a profit instead of taking a loss.Best of luck.
Nicolas Jefferson
I Found the Golden Ticket... I think?
1 December 2015 | 5 replies
This has been a red flag for me and a reason it has been hard to pull the trigger.
Joe Beach
Hello from Grand Rapids, MI
1 December 2015 | 7 replies
I married to a beautiful wife with a wonderful 4 month old son.
Peter Nierman
Where should I buy?
2 December 2015 | 40 replies
Its a good space that is booming a little bit about Cleveland:Did you know:CLE - home to the 2016 Republican National ConventionCLE - Superman was created hereCLE - Cleveland Clinic #1 Heart Surgery Center in the WorldCLE - Over a dizen Fortune 500 CompaniesCLE - Second largest theatre district in the CountryCLE - Epicenter for BioMed Research & DevelopmentCLE - A great place for the WHOLE family/CLE - A great place for investing come check out the beautiful things CLE has.Anyhow, I think we need to get back to the core of the question: As a new investor looking / considering investing outside of your local hyper area you will want to define someone who is not just going to help you buy, renovate and then you will figure out how to manage, you want someone who can allow you to have passive income without giving up your full time occupation.