I'm at an impasse as to structuring our Real Estate Investment Co. Under a TX Series LLC or a standard LLC. I am trying to identify the advantages and disadvantages between the two and I am not adverse to spending mor...
I purchased a 4 family home in June 2016 using an FHA loan and a 3.5% down payment. The house was appraised using comp values rather than an income based approach due to the house being mostly vacant. I fixed up and r...
Hello BP. I wanted to use this forum to say hello to what so far seems like a wonderful community. I am still new to real estate investing but am very encouraged by the people and information here. I am an engineer by...
I'm selling a piece of land to a developer, with $200k of the sales price being seller financing. It's due in 12 months (will likely only take them 9 months) at 10% interest paid quarterly. I can get a higher return o...
With the exception of community banks and credit unions, most would agree that banks still aren’t lending. “Hogwash!” some of you bankers who are reading this will probably say.
As a follow up to a post I did nearly...
-Initial offer made 11/8/17 (I was on my 90 day challenge twist... turned into 180)-ratified contract 11/16/18 -Purchase Price: 41K-Bro Science Rehab Cost: 20-40K (This is my first one/Kinda winging it) -ARV: 80-120K...
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...
Hi there, Id like your opinion on potential pitfalls of a deal in a suburb of detroit outside of Birmingham. Its a NNN dental office with 8 years left on the lease of a national dental chain with corporate guarantee a...
I am very interested in Austin, TX specifically, seems like Agents are optimistic about the future of the market. I want to hear more about what INVESTORS think about STR, LTR, or possible Prefab homes?Any suggestions...