Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $20,000
Cash invested: $34,000
This duplex had a fire in the rear of the upstairs unit, but it had a metal r...
Someone has asked me to provide a short term private loan of $10,000. He is currently selling his home and will be purchasing a new build in another neighborhood. He needs to put a $10,000 deposit on the new lot to re...
My parents purchased some farmland in Blakely Georgia 10 years ago, with the intention to eventually retire and live there. I have been pestering them to do something with it to generate income. They were leasing 8...
Hello BP!!
During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:
Before I start maki...
First thing that will come to your mind, protection against a lawsuit. Well how about a judge piercing your corporate veil to tap into your assets if he or she wants to. I am asking this question because the LLC in th...
Say you decided to place one of your mortgaged investment properties into an LLC for asset protection. You're doing what you can to treat your LLC like a business (it has its own checking account, filed separately fro...
As I consider how I would approach wholesaling, the concern of going into random homes to negotiate a sales price concerns me. Especially as a female, I think we're a little more vulnerable.
Any thoughts on safe pra...
Hi all,Had a recent pitbull attack on me when walking the neighborhood of a rental I was house-hacking to completion. Now that I am renting the house and after doing a background check, eviction check, and a sitdown ...
Does anyone know if any banks would allow an investor to self insure their properties? I asked a few of my bankers as well as friends in insurance and no one seems to have an answer. My issue is, with over 80 homes ...
Growing up in the mid west I'm pretty good at seeing things at face value. I understand the difference between assets and toys (most cars, motorcycle, boats, RV, etc). I started my investment journey about 4 years ago...