Jamie Smith
Variance process - conflict between tax assessor & clerk's office
Hi all,I need advice re: applying for a variance in Newark. Clerk's office docs say my property is 4 family but the tax office says 2. I want to refi and rent out the property without issues. Would appreciate if you c...
Paul Witte
Managing night/weekend/vacation-time calls
Question for self-managing landlords:I'm just getting started managing rentals. To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limite...
Nichole Menzies
Help Evaluating an MHP park w/13 RV LOTS
I am evaluating a 40 Mhp park of which 13 of the lots were converted to RV pads and have RV owners on them. Not sure why the owner converted them to RVs but.....is it very expensive to convert them back to a trailer p...
Rob Van Riet
College Student Wanting To Invest In Real Estate
I am a 20 year old college student who wants to invest in real estate. Currently I've got $300 saved and my goal is to save $50 more each month because I have an on campus job that doesn't pay too much. Is there anyth...
Jennifer Burgess
My one year plan- good or bad?
My husband and I are in the DFW area, (Little Elm to be exact) and we are saving about $2,000 a month and currently have $10,000 in savings. We recently bought a home- right before we decided we wanted to get into REI...
Melvy Concepcion
Advice needed: Should I get my RE License?
Hello everyone and thanks in advance for your experienced insights.I'm currently at a crossroad since I'm currently looking for jobs and based on all of my experience I have several industries that I could go into. So...
Account Closed
Banks Seasoning Requirements
Anyone using an Indianapolis bank that has a 6 month seasoning requirement when doing a Brrr?
David F.
How can a Newbie structure a deal with a seasoned investor
Hi there!I'm new at REI and I have a broker who would partner with me, but himself is overextended financially. How would I structure a deal/partnership so I can get the learning experience while he has an incentive t...
Jim Hiler
Starting a private REIT to raise money versus a PPM
Dear BP - I was recently discussing my real estate goals with family over the holiday and another form of raising private money came up. Creating a private REIT. From what I understand this can be much simpler and not...
Ray Hayward
Private Financing Standards
Hello,
I am negotiating a property and the seller is willing to consider private financing and is asking me what I am thinking as far as terms, interest rates, etc.
Can someone help me understand what a...