Ray Lai
California - where we are in the cycle and strategies
Hey everyone, I've seen quite a few discussions on where we are in Cali in the real estate cycle (Bay area and SoCal) and there is a wide variety of opinions.Assuming we are late in the cycle, how have you guys adapte...
Mario L.
Rental property calculations
Hello all,
I hope everyone is having a successful back half of the year!! I am trying to calculate how much to set aside for CapEx and repairs. Roof, A/C, kitchen, bath, windows are all updated as of 1 year. This is ...
Chris Rightmyer
Seller Financing and Tax Issues
Hello. I have an individual that is opened to selling me their current duplex portfolio, consisting of around 7-10 duplexes. I was attempting to work with him on some sort of seller financing option as he would be o...
Troy Forney
how much debt
I am getting ready to close on my 4th house within a year. I had a goal of 20 houses by age 50. I am 43 now. I have been moving forward pretty quickly acquiring good cash flow and equity. It suddenly occurred to me at...
George A Crocker
Why Worry Over It All?
Why Worry? Why Get Depressed?Why is it that when we see others in our business, whether that be note investing or other REI, doing so well we get worried or even depressed over their successes and our seeming failures...
Monte Blunk
Asset protection question
I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are s...
David Pere
The truth about the recession...
NOBODY KNOWS WHAT IS GOING TO HAPPEN!!!
If you're worried, spend time saving money and investing in yourself.
If you're not worried (or have solid reserves) keep investing.
I grow sick of seeing the fear inspired b...
Domonique Morrison
I Have A Few Questions
How do I find buyer's in my city (Philly) that's interested in a certain area?
If the city owns an abandon/distress property can you still wholesale it?
Also, I have a credit line for 3k and if I spend 7k before 9/...
Drew Denham
SSI payee ... Says she will pay for her daughter on disability
First pass at something like this. Is it legitimate? What are the pros and cons ? I've read online that the payee should be on the lease as well. Red flags ? This is in Michigan if that makes a difference.
Rent is 6...
Teri M.
Double Closing
When doing a double close will the seller/ buyer find out that I'm doing a quick flip at closing? When the buyer contracts with me and does title search will they find out I just contracted it?