Dustin M.
Working on multiple lonnie deals at a time.
Hi,
I am still fairly new to mobile home investing (only have two mobile home notes at the moment). I recently flipped (my 3rd so far) a HUD foreclosure so I'm ready to invest the money I made out...
Don Konipol
Are you a real estate investor or in the real estate "business"?
Many activities associated with real estate have characteristics of both "investing" and "business". Certainly a passive investor in a real estate limited partnership is an investor. A real estate broker acting as a...
Jessica Ferraro
Self employed, meet IRS def of real estate professional too. How to take losses?
I'm self employed, but last year my duplexes took priority and earned me the distinction of meeting the IRS definition of a real estate professional. I'd like to take advantage, but I can't see how to do so. I have lo...
Tommy R
If they don't have equity on their property or are upside down, what can you do?
Let's say one house is only upside down like 20k, and another house is upside down 200k. I know you can probably do different things with each (say the value of each is 250k)
Is there anything you could do with a hou...
Jerry Ferrell
Has anybody ever heard of Frank Walker? Says he is a private lender.
A guy named Frank Walker showed up in my Facebook messenger asking if I needed a loan to finance my deals. I said, not at the moment. He then asked me if I could text him my email address so he could send me his fund...
Sherrie P.
Buying rental property with money borrowed against stocks
Has anyone ever borrowed money through a bank using your stocks and bonds as collateral?
We could sell the stocks and pay cash for the property, but we would have to pay at least 15% cap. gains.
We woul...
Dina S.
Do you or do you not need an LLC to start investing?
Hi everyone, I’m trying to understand the basics of investing. I’m confused on whether or not I need to start with an LLC or not. I recall on a bp webinar if investing in single family homes you don’t, but for multi’s...
Justin B.
Blackstone drops home buying 70%...Uh Oh!
The whole story about how private equity firms and hedge funds have steamrolled into the residential home market to become this decade’s slumlords is a story covered on this blog before mainstream media even knew i...
Scott Passman
What the heck happened to supply and demand economics?
What happened to the basic understanding of supply and demand? I didn’t grow up in a financially savvy household, but even as a kid I remember having a distinct awareness and understanding of supply and demand and it...
Bob Salas
What happens to 2nd in Short Sale
I live in Oregon and have been trying to get BOA to modify my loan for 2 years. We alos have a 2nd with HFC.
9 months ago BOA put us on a 3 month trial payment plan with payments that are higher than our mortgage was...