Question for the group. Here is the scenario.
Three persons want to invest together and start a buy and hold portfolio. How should they structure the LLC?
Person 1 - real estate agent in market, will source the de...
What are the pros/cons of the following:Owners home: FMV $200k, owes $130k, house is in decent shape.Owner loses job, can't afford to stay, going into foreclosure.I buy the house from him at what he owes and allow the...
Hello members,I live in CA and bought a duplex in Huntsville, AL in Sep 2015. One of the units has been rented but the other isn't. Today I got a notice from Department of Community Development - Code Enforcement Divi...
So I partnered with my brother on my first deal this last year. It was a foreclosure in Tyler TX. I found it being sold by auction.com at the court house. It was an area I have been hawking for a while. After I found ...
Hi all, My brother-in-law just got his license and it's expected we use him to buy our first home. We just began looking. I feel like this puts us in a very fragile position, both him and us being inexperienced. I wan...
I am 27 days into escrow on my first property and the broker I decided to work with has been absolutely terrible. He assured me at the beginning of the process that everything looked easy and straightforward and even ...
Hi! I have a private money lender giving me 25k for 4 months at 10%. They are just going to write me a check for the 25k. My question is, can I just write them a check after the 4 months of 25K plus the 10% on top? Or...
Hey everybody currently I am working on coming up with an offer for a 3bd 2 bath mobile home which is in great condition! The thing is the sellers asking price is $33,000 and zillow says the ARV estimate is $140,000....
my tenants' son/grandson 24 y.o. stays at the house almost every weekend fri nite-sun nite with his 2 boys, 1 and 3 yo.i just found out about it 6 months into lease when i discovered he's getting mail at the house bec...
Hello, all, I've been reading BP for a bit, but this is my first post. I have been investigating the different areas of investing, and my girlfriend and I believe short-term rentals in our vacation area is the way to ...