Hey guys!My wife and I are looking to make some actionable REI moves in a few months and are practicing identifying deals in our local area (Memphis, TN). We wanted to get some additional perspective on one particular...
Hello fellow BP'ers. Recently I have bought a duplex in Madison WI as my first investment and am looking to keep the train rolling. I work a lot of hours at my job and I have eliminated most expenses in my life. I hav...
I have talked to a realtor agent and she has sent me some investment properties to look at. I have not negotiated on price yet but most of them are short sales. I am wondering what I should do to prepare (other tha...
Does a 3/2 Cabin with an indoor pool with no view, 7 miles north of Sevierville will work?I know location and views matter for Smokies. Does a pool cabin that far work with location & views?
BP,I've been searching and there are number of LLC posts. What I haven't found is a way to get similar protection of my assets without putting the properties into an LLC.Here is my issue. I bought the two properties o...
I have a seller that has a deed in her mom and dad's name, which have been dead for a very very long time. The will she has puts the house in her possesion and she has been living in it since their death. All cash dea...
Hi all,I’m new to real estate. I have 15k to invest, and I’m interested in doing RE for the long term.I’m priced out of my area, and I’m looking to invest out of state. Particularly Memphis, Indianapolis, or Ohio. Fir...
Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...
Before I found this site I went to one of those 3 day workshops run by an investing guru. I was told by a so called mentor that I shouldn't even start doing deals at all until I got an LLC setup. Of course he would he...
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...