Hello BP,I have a tenant who I started the eviction process who recently moved out before the court date but left with a substantial balance. I’m wondering if it is worth it to send them to collections? And if so, wha...
Hi guys,I feel like I have been taken, but I am not sure what to do. I went to a big name real estate attorney regarding asset protection and estate planning. I was advised to put all of my properties into LLCs and to...
Good afternoon!I have been reading books/forums and have attended some local Investment info. groups near me, I know that investing in rental properties (owner occupied to start with an FHA loan most likely) is what I...
I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...
I'm planning to buy a house as a first-time home buyer, but I have no plans to live in it. I will be renting the rooms out.
Everything will be under the assumption that the house is my primary house (loan, ...
I feel like turnkey would be the easiest to quickly get cashflow and expand the portfolio. But I fear that it wouldn't be fast enough. Multifamily would allow you to invest more at once, but they are flying off the sh...
From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.
I am forming a partnership (two people me a...
Many people are promised riches in real estate through attending seminars, education workshops etc. "Become a millionaire using $0 of your own money!!" Yes wholesaling can be very profitable and while it's very entici...
Hi everyone,
I'm trying to do some market research. My question is
Are people inclined to sell, and sell at lower prices after or during evictions?
Recently came across a deal for a property for 25k. The house is worth at least 85k. Found the deal on Craigslist but the ad said specifically NO WHOLESALERS. So what?! I called anyway and got the contract for 15k. Ha...