(The second was a restaurant and its building that the partner just disappeared and abandoned the whole shebang and left us who were supposed to be silent money partners to run the business.

Houses depreciate by 10%, Bob loses $50,000 and Susie loses $250,000.

Hello all,I recently transitioned from finance to real estate, am looking for deals to fund and my question is two-fold:1) Investors - for those of you funding your investment properties with hard money, where / how are you identifying your funding sources and what are the most important criteria in arranging your financing?

An example of this would be mixing your personal money and LLC money in the same bank account.3.

It's all about the team you have in place, in my opinion a true turnkey rental is one where the provider purchased the property with their own money, did the renovation and own the property management company on the back end.

You're not counting the money saved by living in the house you're also collecting $16k annual rent on.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Bi, good questions, because California home taxes are very high and to answer your question about the price because I don’t have more money rn.I heard that NV is a good state to invest in.

If you can connect me with someone who can lend me the money.

I basicly looked at her and said "  Its that bad isnt it , no inventory and agents are hurting "   She said , yes it is and we are losing agents right and left .