Jill Smith
First rental property purchase, buy ready to rent or rehab?
We own properties that were purchased along the way per se. But we are now planning to buy our first official real estate investment property. This will be the first of hopefully many more. Our business plan is to use...
Daniel Rutledge
How many hard money loans is too many?
How many hard money loans do you feel safe having at the same time? It seems that using hard money to quickly close on a property along with avoiding high down payments is a good option. If buying right the homes can ...
Shera Linares
How can I make this deal work?
Hello everyone;I'm in need of a creative idea to make this deal work if possible! I connected with a seller who wants to sell her property but wants to then turnaround and rent the property from the new owner for at l...
Craig Garrow
Using IRA money to buy a triplex?
I've got about $10K sitting in an IRA account that my employer and I both contribute to. Is there any way to pull some money out without too much penalty to use as a down payment on a triplex I'm looking at?
Trevor Lowe
Rental purchase using HELOC as Down payment.
Hey guys and girls, Game warden from Kentucky seeking some advice for a rental property I have under contract. What do you think my best option is for coming up with the Down payment for this property? I have a HELO...
Thomas Harpole
Need help calculating profit for a Fix-Flip deal in Denver, CO!
Hi there,
My business partner (Jordan) and I need some help calculating the profit for our recent fix and flip in Denver, Colorado.
We, as a joint partnership, originally purchased the home for
$340,000. Jordan ...
Adam W.
Bought FIRST property with business partner!! Start a new LLC?
Hi there,My friend and I finally purchased our first real estate property. Single family condo unit we will rent out indefinitely.Since the price of the unit was so low (~$250k), we decided to take out at mortgage at...
Jayson Hinkson
How to manage rental income, expenses etc bank accounts
I am seeking advice on how to manage my cash flow with my 2 rental properties. My wife and I currently have full time jobs and I manage both the properties myself. So far I have been collecting rents in one account ...
Jake Pengelly
Should you go big or go home or Start Small and work up?
Who do you know who moves big deals such as 25+ Units and does this by raising funds? This is something I have always been interested in but might have been guided in the wrong direction by so called Guru's. I would l...
Sean Powers
Book keeping question
Hey guys this is a follow up to my question from the other day regarding whether or not I needed an LLC for tax write offs for a STR property we just bought. I’ve come to the conclusion I don’t. With that being said f...