Brennon Manske
Lease Option Home. Please Help
My wife purchased a rent to own (a year before we were together.) She has a resident living in the home that covers her payment and nothing more. I haven't seen the paperwork on it yet, but judging by the payment a...
Neil Sinha
Widow in preforeclosure
Hello. I'm a new investor trying to shift from prep and analysis to finding my first deal. I'm trying to focus on the BRRRR strategy. I've lined up enough capital to engage in cash offers and so I'm looking now at ...
Greg Moran
PML deal #4 closed out!
Investment Info:
Single-family residence private money loan investment in Newport News.
Cash invested: $75,000
Contributors:
Marsay Winder
UPDATE: (2/11/2022) First time homebuyer got co...
Chris Oswald
How is rental and flip income taxed
Before I start I will definitely be talking to a CPA about this, just want to make sure I am not going into the conversation blind and have good questions to ask.To start with everything will be run through an LLC and...
Robert E. Medlock II
How I doubled my monthly CF to $800 in 10 min
It is no secret that money can be made in real estate. That of course is assumed that the "lucky ones" will always get the best deals. I just so happened to be lucky this day, I guess.My story begins by telling you th...
Nana Sefa
Owner’s title insurance - to get or not?
Which of you get owner’s title insurance? And who doesn’t get owner’s title? Why do you get or not get? Thank you.
Dean Letfus
Depreciation on Insurance Payout
We have just made our first claim after major water damage in a rental. The insurance company deducted nearly 6K off the payout for depreciation? This makes no sense to us and we have never heard of it before. Is th...
Don Levy
Who takes the hit on loan principal reduction?
There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...
LaRhonda M
Syndications and Passive investing
What are you thoughts of investing passively through sydications and how exactly do they work, or how does the investor profit?I have a potential deal for a 80 unit apartment complex.. $25,000 min investment... 10% ca...
Gini Dutt-Roye
Short term rental insurance
I understand that short term rental insurance is expensive, but I received 2 quotes, one from our regular insurance company being about 5000 dollars and other from Foremost being about >$10,000. I literally have s...