Mike Wallace
Anyone own "ghetto" rentals?
I have experience with working class and lower income areas. But what about ghetto, warzone areas. A lot of burned out buildings, people using/selling drugs all over the place, frequent shootings (almost one a week it...
Tammy Spearman
Purchased a HOA foreclosue, now what?
We are in FL. Without knowledge purchased a HOA foreclosue with a 1st lien. The 1st lien is in pre-foreclosure. The homeowner's were in the process of negoiating a loan mod so the foreclosue is on hold. I dont thi...
Brian W.
Question about ability to pierce corporate veil with real estate held in LLC
If I buy a single family home to rent out in my name with a mortgage in my name, then quit claim the deed to my real estate LLC with the homeowners insurance for that property in both my name and the LLC's name, will ...
Rodger Curbelo
What would you do? 575 Credit. 20k in Savings, ready to buy.
Context: I have bad credit. My fiancée has good credit. I have proof of income. She doesn’t work. We have 20k in savings, we’re ready to buy. Question: What would you do? How would you actually go about making this ha...
Adriana Vergara
Should I pay debt with my IRA? or should I invest the IRA?
Hello ALl! first post here... My name is Adriana Vergara, I´m 35, single, no kids. Journalist background (worked in CNN for 8 years) I Now I have a soccer school in Atlanta GA, and also I became an apprentice in real ...
Mary Jay
How are you preparing for your retirement?
Hi guys, How are you planning to finance your retirement?What income in retirement do you need?I used to think that if I have about 10 houses, each pays about 2k in rent or so, all houses paid off, lets say after all ...
Josh Jacobsen
Land Contracts.
Hi Friends, I'm a huge fan of the collective wisdom of BiggerPockets, and wanted to seek out a few ideas. There is an apartment building listed on the MLS that I've been fantasizing over for several weeks, and after m...
Douglas Graves
Pay off Morgage or buy more Rentals
Hope this question is where it supposed to be.I have 8 propertys, 5 of which have loans.All total they clear about $7000 a month.I have a small side business and my wife is a killer realtor earning us an additional $1...
Brian Walters
The classic LLC question - but with a twist
We have all seen and read opinions on what people just starting in real estate investing should do in terms of creating a LLC to own and operate each property. Most of what I have read speaks to the opinions for youn...
Joe Fairless
Closed on 250 apartments in Houston, Texas yesterday! 2 Lessons Learned...
I'm proud to say that my group closed on a 250 unit yesterday. It's the second deal I've syndicated and both of them have been over 150 units (first one was 168). A couple syndication and multifamily lessons I've lear...