Hello everyone. This is my first post since joining and I'm going to ask a question that has been asked a million times before. I hope this is the right forum for this question. How and where do I start?I'm not a you...
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
In another thread, Jake K. Said this. I found it a very interesting thing to say and would like to hear some opinions/ideas about this. Just as an interesting discussion. One thing Jake said, (cant get the @ symbol to...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
I have been discussing possible opportunities with a retiring commercial real estate investor and developer in the Kansas City, MO area. He now lives out of state. I have met with him four times to go over the deals...
It's been nearly 2 years since my first post "$1,300,000 Deal at Age 21 & I'm Retired!", I wanted to share an update. Last year, 13 months after I bought my first 20 unit apartment, I had increased the gross month...
Stock market gains average 8% per year. I am not sure what the average year on year return for BRRRR is but if you compare the two which one would earn you more money for your investment assuming average BRRRR results...