I found a 57 unit $4mil property in default, as a newbie should I. I have read all the particulars, analyzed and analyzed. I figure I can get investors to hold the $4mil for 4 years and I sweeten the pot somehow. All ...
Curious to hear everyone's thoughts on the proposed tax plan from Biden and its impact on multifamily, or real estate in general. A couple highlights from the proposal:#1 Elimination of bonus depreciation
#2 Eliminat...
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
We bought a condo and moved in 5 days ago. Me, my wife, and 1yr old daughterInspector had found a small amount of mold under the sink in the inspection. Less than two square feet. Sent it to a lab and it tested as “pe...
Need help explaing a doubke ckosing to my title companiesSo far ive called 2 in my area and they were both puzzled, they said they didn't have enough knowledge about it I explained i was going to have 2 contracts (buy...
Hi everyone,
I'm on a quest to find a solid property management product to manage properties I own and those that me and my partner will be managing for investors. Here's a list of the products I'm looking at. Anyone...
What is the biggest real estate investing mistake you have ever made?
Please share your experience in detail and provide a solution (if applicable).
So, I am trying to create a deal in my head to try to understand the numbers and what deals look like in real estate. These are just numbers made up for the sake of understanding and aiding my visual learning needs. J...
Hello all!
I am writing from Wylie, Texas where I live with my wife and 3 kids. we recently moved from Dallas, to get away from the inner-city feel. My wife stays at home and homeschools our 3 kids. I used to work co...