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2021 Goal is to grow to 10 doors from 1, investing for cash flow.I currently own 1 rental in San Diego that breaks-even because I stuck my retired parents in it, it’s 60%LTV with $320k mortgage, worth $545k.I rent in ...
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I have a motivated seller which I need help to structure the deal. Her husband who is the main bread provider passed away in May and she has been struggling to keep up with the house payment.
The house was bu...
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So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...
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Hi everyone, I have been focusing on flipping short sales for the past couple of years. I recently came across an investor that was buying the note instead of doing the short sale to get around seasoning issues. I j...
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I am buying a condo without a title company. I know most people will say to use one, but I've done the title search and am confident that the seller is the only owner and that the only encumbrance is a mortgage. I als...
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Hello All
I’ve been creeping on the forums as most of us have for a few years. I’ve actually used the forums here as a legitimate source of information as so many people do the groundwork for you in regard to interpr...
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Economic Update
(Monday, November 23, 2020)
When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...
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My friend just purchased a foreclosure. He's fixed it up and is now placing it back on the market to sell. He thought he was about to get an offer but when potential buyer called insurance agent, they told her it...
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Hey Everyone! I purchased my first rental, a duplex, in January of this year. After the tenants left last month I started the rehab process to bring the units up to speed and increase rents to market rates.
The sco...
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