Hi all -I've been a long time lurker on BP and am happy to say I've listened to every Podcast and read as many posts as I can. My passion for real estate started with rehabbing because I love turning old run down pro...
http://money.msn.com/how-to-invest/what-it-takes-to-get-really-rich-mirhaydari.aspx?GT1=33014
Can one still get rich? What is the new definition of rich? Best way? Is it more difficult than ever before?
What is the...
Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...
Seller in Columbus OH refuses to return $1000 earnest deposit to Buyer despite cancelled contract and demands $500 before returning the deposit. Seller wont sign mutual release claiming they were not given time to rem...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
I always rekey all the doors in my rentals when I flip the units for a new tenant as I always worry about the liability of keys floating around. What is your practice ? What would be a landlords liability if a key fro...
As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
Trying to find an article about putting each rental property into a separate LLCs or putting a group of rental properties into one LLC.Just looking for pros/cons of each approach. I've heard there are differing opini...
How do I go about doing this with 20k in my pocket?