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I picked up the winning bid at a tax sale a few weeks back. Close to 50 properties were sold that day. It will be a fix/flip. The house has good bones on a very good block. I should gross close to 100k when it's sold....
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Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031 & is held in personal name (NOT LLC or S Corp:Small mortgage - roughly $42K. Current value around $300...
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Greetings fellow BPers,Here are the pros and cons as I see it, of having a risk averse spouse:PROS:Every move, thought, plan, expense, phone call, email is questioned. This is good because it forces you to be sure tha...
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What would you recommend for someone who wants to start something similar to a REIT, but on a much smaller scale?
Let's say you have 10 friends who want to provide capital that you intend to pool together to invest i...
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Hi,
Soon to be first time landlord here
I’m asking for a 1 month security deposit but I’m not sure where exactly do I need to put this money. I searched the forums, some answers said “savings account”, some said I c...
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Ha! I'm NOT a stock investor. I gave it a shot, and well, let's just say I should stick to real estate!!
Bought a little ADR - "SAY" Just google it, and laugh at my misfortune. Basically, the Indian version of Enron...
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Hi guys...I'm putting together my first syndicated apartment complex deal and I have questions regarding raising private funds in conjunction with bank commercial mortgage lending.For these questions assume I have alr...
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Hey everyone,
I'm interested in RE syndications, but I'm quite cautious because I don't want to incur any scams. And I don't know how to start any on my own at the moment. However, I attended an RE meetup and learne...
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When a Seller wants to rent out the home until their new place is ready, is advisable to charge them a security deposit? Since a walkthru prior to closing doesn't sound useful, would a security deposit offer similar p...
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Can anyone provide advice for how to secure homeowners on a rehab property? This will be my first property that is distressed like this. It needs a roof, electrical, and a few other small items and I don't think my tr...