Narr Sunkara
rental property purchase question
3 June 2020 | 6 replies
Check the SDAT info to see if the sales are to individuals or corporations for any clues, such as are the transfers to individuals with the same last names, are the transfers between financial entities, etc.
Timothy Vint
Fix and Flip, as easy as HGTV makes it out to be?
7 May 2020 | 23 replies
The percentage of the self rehab is really going to be dependent on the individual, and the capacity at which they can handle the more difficult jobs (electrical, specific carpentry work, etc.).
Johnelle Stevenson
New Wholesaler And Ready To Network!
5 May 2020 | 3 replies
@Johnelle Stevenson When I first started I attended REI groups, went on Facebook, went to local auctions, messaged individuals on Bigger Pockets, used Propstream, Bandit Signs, Trading Buyers List with people that are in the same area.
Allan Tolbert
USDA loan for 1st time home buyer
5 May 2020 | 2 replies
Eligibility requirements include:Rent on individual units on the property must be capped at 30 percent of 115 percent of the area’s median income.Average rent for the entire project can’t exceed 30 percent of the area’s median income.The property must have at least five units.
Stephanie H.
Best way to dissolve, split or sell an LLC
7 May 2020 | 1 reply
If we were to sell the LLC, would it be better to sell the properties together with the business or break them apart and sell them as individual properties?
Erwin Miciano
Where did you transition after the military?
14 May 2020 | 51 replies
@Erwin MicianoI decided to join the Reserves as an Individual Mobilization Augmentee (IMA) so I am not in the drilling reserves (1 weekend a month, 2 weeks every summer).
Wayne Courreges III
Blog: What is a 506(c) Offering?
25 May 2020 | 4 replies
An accredited investor is an individual who qualifies to invest in real estate syndications by satisfying one of the following requirements: an annual income of $200,000—or $300,000 for joint income—or a net worth of at least $1 million (not including primary residence).
Nate Miersma
Refinancing question - 4+ properties
5 May 2020 | 2 replies
On the question of whether or not to do a blanket loan across all, or do them individually, there are pros/cons to both.
Dean Panagiotopoulos
How to retire within 5 years?
5 May 2020 | 3 replies
Depends on the individual investor, their current age, etc.Someone's idea of retirement might be living on 30k a year and traveling the world on a shoe string budget.
Christopher Olsen
Raising rent from zero (and an apology)
5 May 2020 | 7 replies
For argument's sake, let's assume that this person is an otherwise respectable individual who probably does not want her credit to get any worse than it already is from being evicted and further in debt.Thank you.