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We are having issues with a painter. We were talked into paying in full (we know we know!)they came and started, getting 50% complete and have been finding excuse after excuse to push us back. It has been unfinished f...
So I am 4 weeks away from closing on two duplex apartment buildings, however, the insurance company that my contractor had builders risk with decided to not renew the insurance policy. No claims have happened and the...
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Individual invests in multiple real estate properties for 5 years while running their business. In 2019 they buy more properties after they sell their business. They do NOT qualify for RE Pro status.In 2020 they quali...
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Hey Guys,Been working on acquiring a property for two months or so that has a very interesting position. Homeowner purchased 3 properties side by side in 2004, has since sold one, foreclosed on one and still has the ...
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So I came across a 4-plex today which is very rare in my area, only a handful exist. List price of $160,000, 2 bed 1 bath units. Has been on the market for over 3 months, owned by an older gentleman, looking to sell ...
Hi everyone!! Me and my husband are investing on properties in the Detroit area , I want to know if anyone can share contact information of contractors that can remodel houses, I travel on September 9-10 to Detroit a...
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When renovating with a 203K loan, are contractors obligated to get the allotted amount for line items? We had a line item that was completed for a third of the amount estimated but he is saying he should get all that ...
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So...I recently bought a property planning on using the BRRRR strategy. I used a private lender because this property was a "3 Season" cottage on a lake and didn't have heat or insulation, and therefore wouldn't quali...
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👉 Debt to buy assets is completely different from credit card debt (bad debt).
Leverage (when used correctly) is a powerful way to build wealth.
Here's how:
1. We buy an apartment complex.
2. The bank contribu...
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My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...