I often seen discussion in BP that the house price is too high, there will be next crash coming. I am curious what people would do if you have $1m available at this time? Will you hold cash to wait for downturn so you...
What do you do with the proceeds from sales when your done with property rentals? It’s time. We are on the way to retirement. We own several properties and are tired. We have sold all but two. One just hit the market ...
There have been many rumors from various sources recently about limiting the 1031 tax-deferred exchange. Now we see that the President wants to eliminate all tax deductions, except for mortgage interest and charitable...
Howdy!
Working on a STR in Canyon Lake, Texas at the moment!
Looking to better understand my liability as a host and how to protect myself as well as provide a safe experience.
We have this sketchy spiral stai...
Are there any rules/regulations regarding private lending from family members? How are people structuring these deals? I have been doing flips/BRRR's with my own money and would like to bring on family members to earn...
Hi all,I was talking to a family member over the Holiday about DIY electrical for his property. He is planning on doing electrical himself but found out the State of Minnesota requires that to be contracted out for a ...
I am in NY, my friend in Texas owns a house outright that he is rehabbing, due to some unfortunate circumstances he has run out of cash, and wants to finish the rehab and eventually sell the house. He has some overdue...
Hello all,
I am reading all the post on REOs and I have a question for the seasoned Investors. Is there a "Script" for contacting the banks or their REO Agent about making an offer on their inventory.
I've been loo...
OK so I am wondering how viable the more experienced guys think this is:I target older people on social security that most likely have their house paid for.I leave a letter from me introducing myself to them and makin...
Hi guys - I'm setting up my systems - list of vendors, etc. And as all of you in San Jose / California Bay Area know, prices here are very high! I was wondering if anyone had any advice on good people to use for the f...