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I am looking to purchase my first rental property in Ohio. I live in San Diego but I want to start purchasing cash-flowing multi-family properties in Ohio. Ideally with little to no rehab needed for my first property ...
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This post is created for 3 purposes. One is to vent, two is to identify if this is an isolated occurrance or Nationwide, and three to have all of us join together to do something about it.
Here is the problem/situati...
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Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
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Hi! I'm hoping to get input on a mobile home deal. This park has 25 spaces being sold as a package (19 in one park and 6 in a smaller park down the street). They are on city utilities but there are no separate water/s...
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I'd like to focus my attention on apartment complexes. Since most are owned under LLC's, what's the best way to contact them? If by direct mail, what are some ideas of how to approach the owner(s) in letter form?
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I am using Cozy.co to do my background checks among other things. While the credit check normally comes out instantly the background checks are taking up-to 5 days (for someone with past issues). Cozy.co uses another ...
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I understand the idea of motivated sellers and their need to sell at what anyone with some simple math skills can see as a good deal. Even the seller knows it is a good deal, but they are not investors or investors m...
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Hello all!Newbie here looking to get my first few properties this year. I would like to learn more about setting up a LLC (or other legal entity) to own the investment properties and accounting/financial strategies to...
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Hello everyone,I live in Washington state and have a few rental properties in Alabama. I want to open a LLC for any future buy and hold deals and keep the properties in an LLC. The LLC will be owned by myself and my w...
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I am in Modesto, CA and have talked to 2 very reputable CPA's about utilizing my 401k to invest in properties. Both CPA's proposed that it is possible but it is a lot of work and not worth the hassle. Neither CPA got ...