Caroline McFadden
Hard Money Advice
Hi all,Looking at doing my first hard money investment and would love to hear some real stories good and bad before I go down this path that aren't tik tok investor fairy tales.Thanks!Caroline
Zoë Funk
What are major key points to include in an operating agreement with a partner?
I'm currently looking to purchase my first investment property this year and have determined that I will need a partner to help me purchase. I have some family that are interested and I feel as though we will make goo...
Navin Kumar
Is 80% ratio between expenses and rent too high ?
Hello,I've a deal that came across my table for which the expenses are 80% of the annual rent. What is the recommendation as per the 50% rule ? Should I avoid deals that have too high ratio of expenses and rent ?Pleas...
Andrea Robinson
Question About Buyer's Closing Costs on Auction.com Purchase
Hi there! I have someone that won a bid on a property in Chicago, IL (Cook County) on Auction.com and is currently going through the closing process. The Purchase Agreement provided by Auction.com (which is not the st...
Chris Trupiano
Kansas City lenders with rehab inclusive loans?
Does anyone in Kansas city, Ks have a recommendation for a bank with a loan product that includes purchase and rehab? I've worked with Mid American in Lawrence that offers 10% down of the project cost, but will not lo...
Carrin Johnson
Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.
Under the proposed...
Juan Perez
Wholesale Contract, I know you get this a lot but I have a sample
I live in Texas, and I've heard of the TREC 20-12 but its 9 pages and I've seen a lot of wholesaler's just locking up contracts with a simple but yet effective 1 page Contract, I looked around the web and found these ...
Louis Barkhuizen
Buying fully furnished STR unit and taxes
Good morning all. I am getting ready to pull the trigger on m first STR. I am looking at a couple of fully furnished units, which brings up a question.
Are the contents (furniture, TV,s kitchenware, bedding, etc) of ...
Frederick William
Rental income and Mortgage investment property
Can I use future rental income on an investment property to qualify for a mortgage? I will not be living in the property. It will be completely rented out. I have 70% down payment.
Christian Hunter
Is wholesaling illegal without being a broker or owning title?
Hi, ive been wanting to start out in the REI game through wholesaling properties, but have come across some information on BP that it is illegal unless your a licensed broker or have a mass amount of knowledge and ski...