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