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Results (671)
Andre An DEAL ON THE LINE - Deposit question!!! HELP PLEASE!
29 January 2014 | 18 replies

Thank you in advance for any help you have to offer.

I found a motivated seller, and I'm sending him an offer contract tomorrow.

Here's my question. Normally, do wholesalers give the seller a deposit? (...

Jill F. When are you overleveraged?
20 March 2020 | 13 replies

I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...

James Sinclair Making "low end" rental property work
20 September 2017 | 15 replies

Some people have indicated that they have good success with low end rental property. I would like tips on how they manage to do that. The property managers that I have talked to won't even accept property that do...

Pepper Bradford Need a holding Corp. when just starting out?
19 December 2022 | 19 replies

I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...

John Cornelius The same-day-turnaround thread
9 July 2020 | 23 replies

Hey everyone,Let's discuss the pros and cons of the enigmatic, lucrative and tight-rope-esque SAME DAY TURNAROUND.What are your tips, tricks, strategies and stories regarding the practice of renting your STR on the sa...

Chris Martin No need for an operating agreement, just ask a lawyer
31 December 2012 | 16 replies

I ran across this that came out of the Special Superior Court for Complex Business Cases, Cumberland County, NC.

Preamble: "An old saying declares that “the cobbler’s children have no shoes.” Lawyers may suffer from...

Ethan Hamilton Wholesaler in Nebraska Looking for a few Pointers
18 December 2016 | 23 replies

Hi All,

First and foremost let me say this forum is top notch! The two things that strike me about it are 1. Everyone is here to give help/guidance which is really cool. 2. Everyone here is incredibly passionate ab...

Jerry Kisasonak 116 Unit Apartment Complex Financing Question
27 February 2015 | 18 replies

We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...

Yolanda Columbus First Deal: Short Term Rental via Master Lease
12 October 2017 | 17 replies

So, tomorrow I sign the contract for my first deal.  It is a Short Term Rental via Master Lease.  Tonight, I'm getting cold feet.  Did I do enough due diligence?  What if the cost of the unknowns outweigh the profit a...

S.M. Morton Looking to learn how to invest in Mobile Homes
26 October 2016 | 22 replies

Can someone introduce me to a system where I can invest in mobile homes and parks? The state doesn't matter.  Thanks.