Garrett Fulton
Wait and see or keep on going?
Hello BP!!
After 4 months of reading everything I could on this site, in March I finally took the plunge and bought my first rental property in Baltimore Md. After getting the property leased up( using prope...
GERT S.
Sole member LLC, add spouse as LLC member
I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...
Casey Briscoe
Should we partner with a Builder or divide the land & sell lots?
My partners and I just secured 20 acres and are wanting to build single family new construction. We want to look at all options before moving forward. I would like to get some thoughts on clearing the land and selling...
Naseera Mohamed
Oil tanks
My husband is in the process of buying a house (our first very own ) -a short sale we located, in NJ -seemed a really good deal at 250K in a neighborhood where any house worth buying would be in the mid 300K range....
Steve Olafson
Small Retail Great Location purchase opp
I am still fairly new to the retail business. I have built and sold a 10,000 sq. ft. building in the past. I currently have 8700 sq ft divided into 4 stores. I bought this as a value add that was half empty and onl...
Bill Haywood
My First Commercial Building Deal - Your thoughts?
Hello all,I have just bought my first commercial building and would love your thoughts on it! Deal and building stats below. A bit of context for you all, I am 28 years old and this is my first real estate deal. The s...
Dallas Martin
What to do after I find a lead?
Let's assume I've found a motivated seller. This person responds to a letter: they call, we chat about their motivation for selling, I ask about the property details (address, equity percent, condition, etc.), and I ...
Eric Johnson
Invest in Real Estate (RE) via Self-Directed IRA
Greetings BP,
Has anyone used a self-directed IRA to invest in RE? If so, what was your experience? I'm considering rolling some or all of my ROTH IRA funds into a self-directed IRA to invest in RE
Chuck Mace
Property Management LLC
I want to run something by the community regarding property management and see if others have done something similar:I’m in the process of figuring out how best to setup the legal structure for a long-term, buy-n-hold...
Jacob Phillips
Evaluating cash flow
Hello BP, I’ve got a new guy question that I just want to check my mindset on.Obviously the name of the game in buy and hold is cash flow. So, when I’m evaluating deals, especially my first few, how much emphasis do y...