Ryan S.
Advise on first commercial purchase
I just sold my old personal residence and have a capital gain of 3mm. Instead of paying uncle sam, I decided it would be best to 1031 it into a commercial building. I found a local building that was built in the 70s, ...
Shannon Allaire
What do I do with all this equity?
Hey Moguls,Newbie looking for advice on the best use of the ~$170K in equity I have in my SFH in East Oakland. I bought it in late 2015 and my home's value has gone up a lot. Currently, I live in one room and rent out...
Ashley Wolfe
Building a Property Management Company for STR
I'm looking to create a property management company for STRs in the area of Texas where my cabin is, the Hill Country. I've self-managed mine remotely (4 hours away) for almost a year and a friend is asking that I ma...
Matt Carroll
Creative Finance Subject To Question
Foreclosure - Subject To QuestionI have a seller who is in foreclosure and I am trying to structure a subject to offer for them but having a difficult time. Seller finance I totally get, but struggling on this one. I ...
Austin B.
Considering a move to Mexico, looking for advice
I'm considering selling my house in Utah and heading south of the border. I would like to go to the Puerto Vallarta / Riviera Nayarit region. I speak Spanish fairly well, I studied it up until my senior year of colleg...
Sebastian K.
Should I get my real estate license
I just started researching in REI. I currently have a full time job that I love, however, after purchasing my first single family home I have become intrigued with REI. Is it possible to have a full time job as well...
Mary Jay
Is it common in Florida?
I have always bought/made offers in the West.Three different western states. Usually, I call my RE agent and give a verbal offer and terms, then I have a written contract to sign in my email box in couple of hours, or...
Tim Wittenborn
Trying not to get impatient with auctions....
Hey all,Some history about us, my partner and I flipped a house that we bought as a HUD foreclosure. We profitted nearly 60k on this property and we are now sitting on roughly 110k in cash. Our goals were initially ...
Marcia Maynard
Death of a Tenant: Preparation
What do you do when a tenant dies on your property? Or dies elsewhere and never returns to your property? Especially when they live alone. In an effort to be proactive, I'm trying to think through scenarios and ...
Amy C.
LLC
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...