Suzie Remilien
Contingency-reserve fund when using investor money to buy mortgage notes
How much money do you set aside for contingencies (i.e.bankruptcy, unpaid taxes, evictions) when purchasing notes?Also, how long should such contingency funds be held and should they bear interest?
Rafael Kyle
Successful Flip from a Bandit Sign
We found this property through our first run of posting bandit signs. After months of minor hurdles, we finally purchased the property using seller finance. We helped relocate the homeowner to another residence and th...
Account Closed
Flipping Houses- Hiring Employees..HELP!
Hello all. I live in Texas and am a newbie in the real estate investment business.
I formed an LLC to put all the investment properties under. I have my first foreclosure under contract and close on it next week.
I ...
Shane Nelson
Thinking about Syndicating
Hi all,I am an agent/investor in the Southern Minnesota area. I currently own one 4 unit building but have a few deals in my pipeline. The biggest problem is at my age having access to capital, in my pocket I have sev...
Zoe Floyd
House Hack our primary home with a family of 5... Yes or No
Hi there! My husband and I have 3 little ones, 7 and under. We are in the Central Florida area and have been considering house hacking our primary home. I'd like to get feedback and your perspectives of the pros and c...
Jimmy Delcamp
Yellow Cats
Now that I got your attention, I have a question.
Currently I am trying to determine the value of a property and have come across some problems. The particular property has a barn, chicken coop, and horse stall that...
Sami Gren
"220 GFCI outlet " is there such a thing?
Hi, I was wondering if there is such a thing as a 220 GFCI outlet?I have an electric oven within 6 feet of a sink and (from attached picture) it's not GFCI
Kyler Venson
Just bought first place in Hampton Roads area and very nervous
Hello everyone, i just purchased a condo in the Hampton Roads area with a VA Loan so i will be living in it for the first year until im not required to do so anymore and can rent it out. I purchased a beautiful condo ...
Todd Norris
Warning about Craigslist
Everyone loves a good disaster story, right? Well, here's one for you. Someone I know owns an out-of-town rental which he purchased when his daughter was in college (cheaper than the dorms!). He kept the house after s...
Justin Wolff
Looking for first rental property
I currently own a home in Baltimore City and am looking to purchase my first rental property. I was wondering if anyone has experience in Baltimore City vs the Towson area as far as rental demand with crime increasing...