Ben Leybovich
Flooded Basement - Welcome to the Life of a PIG - DON'T BUY PIGS in OHIO
So, in Ohio we are experiencing torrential rains - in 12 years I've lived in Lima, I've never seen rains like this...specifically in June!This pig is currently empty. There was a family of 3 in the house at a rent of ...
Ben Williams
Polling on "Due on Sale" being enforced after transfer to LLC
Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...
Sydney Tiffany
Useful Real Estate Vocabulary for Beginners
I found this to be helpful in the beginning, hopefully you will aswell ...
acceleration clauseA clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. T...
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
Hi, everybody, could you give me some advises for my situation? I have an older couple (in their mid 70s, they are in the wheel chairs), they have been paying the rent on time for 5 years. Lately, they have been late ...
Tom R.
Dont buy paint from Home depot.
I brought a paint sample to home depot to match and purchased a sample. I only needed enough to cover a few sq feet. When I went to use the paint it didnt match. I took it back to the store for a refund and they refu...
Mike E.
My first Turn Key deal - its not impressive...
Ok so I am extremely embarrassed to put these numbers out to the public but hopefully someone can learn from my amateur mistakes...I bought a house in DFW area from a Turn key provider, apparently the best in the busi...
Alex Ballesteros
All my money tied up in investment accounts
I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
Account Closed
I've got $500k in cash, how should I invest it?
I'm a 29 year old American living in California (Silicon Valley) with $500k in cash.
Due to religious reasons, I cannot use leverage (i.e. bank loans), so my investments need to be all cash.
I need to invest this mo...
AnnMarie Bacchus
Are CPA’s necessary before starting out? If not, at what point is a CPA necessary?
I am a newbie RE investor (currently getting approved for a HELOC to fund my first purchase). I read several post that some people recommend having a CPA before out while other say you can wait until you have a few pr...
Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...