I'm hearing a lot of different expectations, but what is realistic. It doesn't seem logical for a seller to take 45-60% of the asking price, yet for the wholesaler to only make $2,000. For example, I had a gentleman w...
Hello,Our company has several properties throughout Indiana. Some are self-managed, others we use management companies. I am shopping for a fair Indianapolis property management company that does not survive on rand...
Just looking for some advice. An offer has been accepted on my first rental house. Closing costs were much more than I was expecting (and what was originally quoted for me) on a fixed 30 year mortgage so now I am ex...
I'm still new but I found these conditions when looking for a Lender in my area, What do you think?Rehab & Rent Loans – Available in MD & GAWe lend up to 90% of Acquisition, 100% of RehabMax 70% LTV6-12 month...
Hi all,As you see from my subject line i have a quick question about IRA's. Does anyone have any experience using an IRA to fund a deal? I've read that you can take up to 10K out for your first home purchase. Can some...
Need advice. Here's the scenario..... My elderly parents want to stay in their home as long as possible. They are struggling to make ends meet from month to month because they owe $250,000 on their house and have a ...
Hello! Let's start a list of ideas we all can do to pay less taxes! I heard someone on the podcast recently just briefly say "Learn to live on pre-tax money." And I haven't been able to get that out of my head since...
My business partners and I just created a new property management company here in Cincinnati, Ohio to manage the properties in our portfolio. I am hoping that current PMs and owners who use PMs can offer some tips on...
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
Hello,I own 2 properties (1 sf, 1 duplex) in Minnesota, and find that the rules, fees, tenant laws, taxes, etc. In Minneapolis are making it very hard to be profitable. The best thing i seem to have going is appreciat...