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I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
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Hey all.
I am thinking about diving back into wholesaling this year on a more aggressive scale. My intent is to send more letters/postcards as well as follow-up with all potential deals (something I was lazy about d...
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I've been a real estate investor for about 12 years now and I've been involved in a lot of flips. I don't do upper end houses, mostly just starter home stuff. I know that there are people who frequently make 100k + on...
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Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
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Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
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It seems in this day and age, I constantly find myself looking to men of the past for guidance and advice: Warren Buffet, Abraham Lincoln, Dale Carnegie, Earl Nightingale, Thomas Jefferson, just to name a few. I do no...
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I'm looking at the FCI Exchange, just to give myself a sample of ideas as I look into notes. I can't seem to get my head around it. Another BP member mentioned to me that so far him and a partner have only gone fo...
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Wow, am I excited! I'm not here to toot my own horn. I'm here to toot Jerry Puckett's and his SEO genius. After 3 days fully functional, I'm already on page 1 of Google for "We Buy Houses Granbury". Page 2 for "We...
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Hi everyone. Apologies if this question has been answered before, a quick search didn't come up with anything.Anyway - a friend of mine who is a real estate agent sent me a property that has not come on the market yet...
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Like the title says, how much do you pay your private lenders? I have seen that 8% - 15% seems like the average.
Now another question - is that 8-15% on the money they lend you or of your final profit?