Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
I purchased 1 and UC for 2 properties this month two of which I'm keeping as Long term rental. The first 699 E Gold Dust, San Tan Valley AZ comps around 375K and I purchased for 393K so I'm lost about 18K equity by p...
Lamont A.
Stop Coming by My House!!
Hello BP,Wondering if anyone else has had this issue before and how did you solve it. I have a tenant that has been coming by my personal residents and putting the rent in my mailbox without my knowledge.(back Story) ...
Jason Eyerly
What is the point of Cash Out Refinancing?
Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
Alfred Bell
Does anyone use a Checkbook IRA LLC?
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
Adam Boonzaayer
100k to burn, best cash out strategy?
Hey all,I have a kind of unique situation. My wife and I (we're 25 and will have no debt) are about to close on the sale of our primary and make about 100k, by a stroke of luck, and some sweat equity. Our goal in the ...
Hazel L
"Why invest in real estate when stocks are better?"
I can't say how many times people have told me this once I tell them I work in real estate. I've done my research and I think I have a pretty good comeback especially when they throw articles from CNN like this at me:...
Michelle Melchione
Starting out- Go big or go home?
Hi, we're going to be looking into investing in buy and hold SFR. Everythings approximated because I'm in the very first stages, as in deciding if we're really going to do this. But say we decide to bite the bullet. B...
Bill McCartney
36 unit in suburb of Columbus, Oh
First, a little about me. My wife and I have had a few really good years with our business so I took the profits and spent the last year building a small portfolio of 21 units in Columbus and Newark, OH. We have quite...
Rick Petersen
Am I absolutely crazy here? (hint: probably.)
Okay, first of all, went through the free recorded session provided when you sign up, and it said you needed a plan to start with. Before I share what I'm looking at property-wise, I thought I would share my plan... ...
Mary Jay
Due on sale clause-did it happen to anybody?
Hi guys!I am really scared of this due on sale clause that happens when you transfer your rental into an LLC.So Ive been postponing and postponing doing so with one of my rentals that is more expensive because I am wo...