Julez Seino
Aspiring Real Estate Investor Just Starting Out
Hey everyone, I'm very excited to start this journey in real estate investing. The 1st thing I know I have to do is get the funds. I'm shopping around for a Life Insurance policy to take out a loan against the policy ...
Mike Day
Seller delaying offer response and collecting other offers--what would you do?
I've put an offer on a small apartment building that was supposed to expire in three days. The seller has said they need additional time to deal with a lien and are expecting to accept my offer and start escrow any da...
Matthew Trotter
Convert first home to rental property
I have a question where I'm not sure of the legality. Looking for your helpful advice.Here is the plan: I purchase my first home for $100k. I use $10k from my Roth IRA as part of a $25k downpayment as a first-time hom...
Spencer Dillinger
What software should I use?
Is there a software out there that keeps track of tenant payments without me having to manually enter when I have been paid? And alert me when they don’t pay on time?
David Duron
Personal vs. project costs - investor's perspective
What rules or guidelines do you use regarding what you can bill back to the project. I'm trying to figure out certain expenses and should they be categorized as personal or charged back to the project. Subsequently, r...
Andrew Ralston
Savings account for down payments
I’m starting to save for my first rental property and I’m wondering what type of account I should store my money and as I am accruing it to gain interest. Any thoughts?
Hilary Braun
HELOC Payment Explanation
Hello everyone!I'm beginning to scale my rental portfolio and using funds from a HELOC to cover cash to close on my properties. I was using HELOC payment calculators online to gauge the cost of the cash to close per p...
Belinda Lopez
Who can sell a property owned by a dissolved LLC?
I recently came across a property that had an LLC as the current owner on the deed. (Texas). I tracked down one of the directors and he was surprised to learn the property was still in the name of the LLC as he and ...
Pharoan Johnson
Funding the rest of my down payment
Hi everyone,I recently located a 3 unit property in Western MD listed at $100K. It's presently fulled rented and generates $1,800 monthly in gross rental income. The NOI is $1,291 monthly. I'm looking to go view th...
Michell Chase
Alot on information on offsetting W-2 income but not much on 1099-R income...
I am currently drinking from a fire house on everything investment real estate. Closing on my first investment duplex this week and looking for my 2nd. I hear a lot about ways to 'off set' your W-2 income etc.. I...