Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Hey BP, I think I might have just had the craziest idea ever, and I need somebody to smack some sense into me and tell me it isn’t possible. But if it is possible, then it would be amazing.
So not too long ago I p...
We have worked hard to build our relationships over time, with owners and investors, and we are even expanding. We have done this by evaluating workload, and setting fair Property Management rates with our owners, on ...
Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity. I then engaged an attorney to proceed with foreclo...
Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.
To me, mold can easily be ...
After emailing a few investors about using credit cards to free up capital I realized that not many people know how to use their credit cards to free up cash without getting hit with huge interest charges. I started r...
Thoughts about purchasing a brand new home that doesn't meet the 1% rule.
It's near a new elementary in a growing area outside of Austin. 205k, 3/2, rent is about 1500 in the area. It will be my first rental which is...
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
Newbie here starting out, that is about graduate college and is looking into buying a multi family to house hack. The certain house I am looking at has 4 beds upstairs then 2 downstairs. I would live in downstairs whi...
I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of sev...