Scott Morris
Washington State distressed property/owner law
Anyone familiar with the Washington State distressed owner law? http://app.leg.wa.gov/rcw/default.aspx?cite=61.34&full=trueI have been purchasing trustee foreclosures for nearly 4 years. I have been thinking ab...
Matt C.
Beginning Investor in SLC
Hello Everyone! My first post here!I live in SLC - where homes have been increasing in value extremely quickly. I have already gotten into my first home in which we are renovating the basement into its own unit. We wi...
Yashasvi Soni
Preventing earnest money deposit loss?
Hello everyone,
So I found the one, the property I have been looking for. It's a 4 unit multifamily. This would be my first real estate investment, worth $450,000. Quite expensive for my first investment and I am bit...
John Cusick
Customary Land Purchase Terms
In a commercial land purchase transaction in Northern California with the value of under $10M, what is customary for the terms below?- earnest money deposit - is 3%, 5%, 7% or higher customary?- duration of the non-fi...
David Collier Jr
1st Duplex Under Contract - Need advice!
So after using my BP gained knowledge, analyzing and offering on too many properties to count I got a great deal under contract. Now to figure out the next steps.. Any and all advice is very much appreciated. Everythi...
Steven Davis
LLC, S, or C corp???
I've done some research (rich dad adviser books, google) and have decided to go with an LLC for my situation.Specific situation:Currently own 5 houses, looking to purchase a 20+ unit complex this year. The next 5 year...
Samuel Bavido
Rental owner in Claremore, OK; purchasing in Stevens Point, WI
Howdy folks, I've been spending some time on the blog and listening to podcasts on Youtube, and figured I'd create an account here for networking/questions purposes. I don't know that I'll be really active for the nex...
Stephen Bennett
Charlotte, N.C. Hard Money Lenders
My wife and I have been saving for our first flip, and we are finally ready to take the next step! I have a long history in the carpentry field, and plan to do most of the renovations myself, unless it makes more fina...
Erin Ehrich
Private $ from parents
I am exploring buying a rental property with a private loan from my parents. They have a chunk of money from the sale of a business and need to invest it, but don't like the stock market and don't want to be landlord...
Alex Lee
Deal Analysis for multi unit
So I'm looking at a deal and these are the circumstances:Undeveloped land (looks like only foundation was done), but has approved plans.Looks like 2 multi family plots were mapped out.comes with 35yr tax abatement and...