Amy Ranae
To pay off student loans or put $$$ down on a rental
Hello Friends! I'm a realtor working in the twin cities and I do a lot of good business. I got into real estate to pay off my student loans without really thinking too much about investing. However, the more I work wi...
Gene D.
hold or sell and reinvest
Hello everyone, thanks for taking the time to read this.I have a condo that currently can sell for ~ $700k, originally purchased for ~$500k, 30 yr fixed at 4.625, currently rented for $2,800. All other monthly expens...
Account Closed
Do you know where you are personally?
How many of you are aware of your personal balance sheet? While, I don't worry about pennies, I do track my balance sheet.
A personal balance sheet is slightly different than a business balance sheet.
Major Elemen...
Rio Peterson
Is potential partner a fraud?
I was recently approached by a seemingly experienced real estate investor to partner with him to flip $1M+ ARV homes. We met for the first time at a networking event and after hearing I work in finance, he was overly ...
Tim Czarkowski
Purchase an HOA Lien?(On purpose this time)
I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
Phillip Cooper
What was your biggest unexpected cost in a flip?
I understand many have flipped 5+ houses or have tremendous experience with the renovation process. However, as a contractor I'm curious what was the biggest "miss" or unknown finding you've experienced in a flip? Fou...
Joel Owens
Why do agents take it personal?? My Journey to find my first flip!!
Okay so I have started putting my own offers out there.
Property
1.Located on main highway.House is a POC had it listed at 80k now expired and re-listed at 39,000.Old house on block foundation needing a ton of work...
Peter Seely
LLC or just Good insurance
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
Mel Park
Do Rehabbers buy expensive houses?
This question is not regarding an investment home but rather, my personal house. Was curious if flippers/rehabbers buy higher prices homes?
My house is in a very desirable Philly suburb - great schools, close to ...
Joseph Schweizer
My first investment property - An out of state deal
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $68,500
Cash invested: $14,000
Contributors:
Zach Lemaster
I recently worked with Za...