I know that a lot (see: most) funds require investors to be accredited (which I'm not) but I have a close friend who is and we're both interested in investing in multi-family units. My question: Is he able to go out a...
I am part of an LLC that wants to sell a property using the 1031 exchange..One of the 6 partners does not want to exchange and wants to take hismoney out and pay the necessary taxes.....Is it possible to pay this part...
Looking to purchase a house seller finance for $160,000 @ 7.5% interest rate, 18% down. Monthly payment comes to $917, plus another $350 for taxes and insurance so ~$1280/month due to the seller.Using a private mone...
The owner has told us to make an offer as the property is not listed. I'm working on figuring out the numbers that will make this work and I'd like some help looking them over to point out what I'm missing; I fee lik...
"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
I’m 20, and I just dropped out of college to pursue RE full time. It’s not that I was bad at school- I had a 3.1 GPA heading into my junior year, but I just decided that since I have clarity on what I want in life, th...
I’m new to investing, and currently involved in my first deal (a house flip where I’m just a partial investor).My current plan is to begin House Hacking after this deal by using an FHA loan for my down payment. (Don’t...
I'm dealing with my first vacancy/getting a new tenant. My prior tenants were fine and have handed in there keys. I was wondering if I should change the locks on the doors when I change my tenants.
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...
Hello BP, I rehabbed and rented out my first rental property this April. Everything was going ok, until I got a bill for the water service between May 16-June 14 ...they offer a program that switches the service back ...