I always enjoy reading the passion, creativity and energy a lot of people have on here but I don't often read about the downside risk that is very real in REI. I was just curious - how many people do a risk management...

Hello,I'm in Connecticut. One of our tenants moved out sept 1. We renovated the apartment but haven't found a new tenanat yet. We've interviewed a million prospects. Is there a good realtor reconnection in new haven c...

Hi, I'm new to this forum.  And to forums in general.  My friends recommended I reach out through forums as an additional resource, and Google brought me here.  Is this a good place to ask questions and find answers a...

We recently did a reverse 1031 where I work. It was quite interesting as I am not familiar with this. The properties that my employer had up for sale had to sell and close within six months. We were very close to t...

Do you have to have an LLC when wholesaling?

Greetings All,I'm currently in talks with a very motivated seller that is looking to sell a one-story 3BD/2.5BA SFH. She owes a mortgage of approximately $107,000; her asking price is $125,000, but she is flexible. Sh...

From a modelling perspective what are the typical seller costs (fixed or % of sale price) that you model for closing costs on small, 10 - 20 door properties?- Broker’s commission(s), Title, Recording, others?Which of ...

This is likely an over-engineering some more simple transaction, but thinking aloud here. My mom has a considerable amount of equity tied up in her house and it makes sense for her to unlock some of that cash now to t...

Hello, I am looking for advice on forming a LLC and putting 2 properties in there. One in ny and one in nj.

Hello, I have two puzzles I'd like to solve: 1. Is there a way to have my RE company pay for an insurance policy AND it be tax deductible?2. Can an LLC build / own a house and rent it to the owner? Or the owner just h...