Samad Rainey
New to this flipping
Hi, I'm Samad I currently live in NJ but I purchased a REO in Rocky Mount NC I completed the work using my personal funds from windows floors HVAC etc... but the Market is dragging or is that I lack the knowledge to s...
Tracy Sharpe
What would you do after a foreclosure and a personal bankruptcy?
Situation:My wife and I currently have 6 houses. One of the houses was purchased in California in 1995. In 2002, we moved from our smaller, first house to purchase a larger and more expensive house in California, whic...
Tom Willson
Doing business starting out
Starting buying our first investment property. We have sent paperwork to form an LLC. Property is going to be funded through a personal loan (have gone over safer strategies with a lawyer but it’s what we can do to ...
Scott Smith
utilities in property held in IRA/LLC
Hello all - I just closed on a rental purchased by my IRA/LLC. Probably 10 days to 2 weeks away from advertising for renters. In the meantime, can I put utilities in my name personally, as long as any and all expens...
Marc Belisle
Organizing cash in-flow
Hello,I am really enjoying learning here every day. But each day brings more questions. Let's say you have $300 positive cash flow on your only rental. You plan to set aside (totally random numbers) $50 for repair fun...
Jason D.
Funding my LLC, need advice.
I know I should probably consult a CPA on this but I'm sure there are a few that can share their experiences. I have a newly formed LLC that I will be using to hold my rental properties. Since I want to keep my busine...
Isabel P.
Strategies on how to allocate funds
Hey everyone, wanted to get your insight, new real estate investor here and wanted to know how you would allocate the funds in my situation. Currently have some loans through FAFSA. 1st loan: 37k with 6% interest; 2nd...
Jonathan Tavarez
Suitland Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $280,000
Cash invested: $50,000
Sale price: $370,000
Fix and Flip in Suitland Area. Project took a month longe...
Perry Wilson
Proof of Fund commercial real estate
I have a question:Are there different requirements for proof of funds (POF) for commercial real estate vs residential real estate? Viewing a property and the seller is requesting POF prior to viewing
Cameron A Prickett
Airstream BNB - Colorado based investor looking to grow and build wealth
Hi all,
I'm Cameron Prickett, an new RE investor and student to the game. I'm based in Colorado, but certainly am exploring the idea of investing in many different places outside of this state. I'm getting close to ...