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Hello,I will soon be purchasing a first of hopefully many income rental properties in good cash flow markets such as Indianapolis and Birmingham. However I also want to remain in a good position to buy a new home for...
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I just bought my first rental property in November (a duplex), and am currently trying to rent one of the units in it.I have had one nice young lady that was very interested in renting the apartment, but she did not m...
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Hey everyone! Quick question to my agents and brokers out there. I am currently working out an FSBO owner financing deal with an investor friend of mine. As an agent, does my brokerage need to be involved? I've heard ...
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Ok, one of my best friends and I have been thinking about partnering on a few deals to make our cash go further. We have each done several good deals on our own but realize that it would have been much easier had we j...
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so im about to put an offer on an reo, my agent is also the listing agent, any how this is my first time putting an offer in with her and she's asking me for a copy of a check made to my attorney for 5% earnest monies...
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I just spoke with an attorney and he suggested to me to form a new LLC for each property I purchase. He said it would add a layer of protection if something were to happen on one property, then the other properties co...
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So BP people here is my situationI am working on FHA 350K deal in TX. Last week I stumbled on a property in the Jacksonville area with a ton of potential and a great return. So what is the problem.Last week I was appr...
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I have a very specific unique situation on hand. I'm doing a 1031 exchange from one property of mine to a new rental. I have somebody who would like to partner with me on the new rental property. To avoid taxes my pla...
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I am under contract with a wholesaler, and the contract says the assignee will be paying cash.I do have enough cash. However, I would rather use private lenders' money and I have it ready, which are from two close fri...
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Haven't found any google searches talking about building a rental house. I'm wanting to use the LLC checkbook to purchase the lot and then have a contractor build the house. Is that possible? Any headaches?