Here is a bio to let you know a little about myself. It's somewhat lengthy but I feel it's important for you to know a little about myself.My name is Patrick Scifres. I am 36 years old and from Marion, Arkansas, whi...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $227,000
Sale price: $400,000
I was going through a divorce and living in an apartment and my parents had sold thei...
Hi there, I'm a new member in Austin, Texas. I've always been obsessed with real estate- my Mom tells me instead of having tea parties with stuffed animals when I was 4 years old, I haggled commercial real estate deal...
I’m curious what people’s experiences are with debt collectors (from the point of view of collecting money owed to you). Let’s say you obtain a judgement against a former tenant of a few thousand dollars. Often it i...
Hi All, I am looking to get obtain critical legal advice while creating a key team around me moving forward in the buy and hold real estate process. I have some questions on the methods of utilizing an LLC while inves...
One general question... Why is preferred or suggested to form the LLC that owns the RE rental property in the same state where the RE is located?
Hi BP fam.
I've been a long time listener and member of this forum from the beginning when it was launched. I had a pro account but I changed paths and started a business which delayed my ability to invest but allo...
Hello All, I am a recent college graduate and went through college without accumulating any debt. My parents were firm about me not taking on any debt while I was at college. However on the flip side that means I do n...
I hope i won't get flagged as a spammer for asking so many questions. Instead of opening new decisions for everything i want to know, i decide to get this questions in same thread.I have been thinking and planning to ...
I have read and heard about using a self directed retirement account to invest in real estate. I have a self directed IRA in a brokerage account. What steps would I need to take to use that money for REI?