Hi all,In a bit of a predicament on my first deal. This first one has NOT been easy and we have been under contract for nearly 2 months now, but I am committed to make it work because I think it is a good first deal.I...

Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...

My mortgage broker and I dropped the ball.  I'm WAS in the process of performing a cash out refinance on my 4th investment property that I purchased about six weeks ago. I just finished remodeling the place utilizing ...

Hi everyone,

I have 18 units managed by my property manager (at 7% commission rate).

Just heard about appfolio in podcast 36...I checked the website, the web-based tool seems very robust. Pricing: $1 per unit per mo...

Hi All, My partner and I are getting ready to purchase our first investment property as an all-cash offer. I want to know if we should put our names on the contract or put an LLC name on the contract? We plan to rehab...

I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...

Appraisal= $258k/ purchase price = $230k/ Built-in Equity= $28,000/ Down payment cash $27,000.I have $27,000 cash to put into a down payment on the above home BUT, I need to use some (about $10,000) for a new roof/gut...

first time poster and a green hand, seeking advice.
I am interested in purchasing a short sale property.

The seller bought in 2005 for 440K.
short sale listed around 275K about a month ago,
recently reduced the price...

Just curios!!!!

L.Souza

Let me start by saying that I'll have owned this home for 2 years in December, so this may be a little early to be discussing this. Just trying to get a sense for what I should do when the time is right. I purchased a...