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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
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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 ...
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I'm setting up my LLC in oder to get started on my first rehab. I would like any advise on key attributes my LLC should contain in order to 1) have the best liability and asset protection 2) take full advantage of ...
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True Story:
A former employer recently e-mailed me with details of a situation that I find quite disturbing. He was managing Broker for a mid-sized Property Management and Investor Real Estate Sales company.
It seem...
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I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $525,000
Cash invested: $300,000
Sale price: $945,000
This was a family venture where each fa...
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For those of you that have a buy and hold strategy, how much do you budget monthly for repairs and capex?
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Investment Info:
Single-family residence buy & hold investment in Troy.
Purchase price: $111,500
Cash invested: $6,000
Sale price: $150,500
Buy and hold rental. Sold to purchase higher ROI in...
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I am planning to transfer former job 401 to a self directed IRA custodian and purchase a property. The money is enough for down payment and closing cost. This will be a LLC account purchase.
Few questions hope experi...
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We like to introduce ourselves. I am Margit, aka Maggie, and my husband Damon.We have been in Alaska since 1991 and lived in Willow since 2014. We have been talking about flipping houses for quite some time and now fi...