Dustin Li
Advice on first time Eviction in Columbus.
Hi folks,RE investor here, going through first time eviction process in Columbus OH (first time ever). Property is managed by a PM, I live out of state. Most of my properties are near me in a tenant friendly location ...
Nathan Frost
Business Line of Credit
Hi all, how can one use a line of credit to add rental properties to their portfolio? Can someone give me an example? Bank said I could use it as the down payment and then get another bank to fund the loan. I am tr...
Patrick Philip
What is the quickest you can make a closing?
Realistically, how fast can a closing be? I know it usually needs to go through inspection, appraisal, and loan approval.What are the realistically fastest time frames for getting this done as fast as possible?
James Boreno
How long until I can do another 1031 Exchange?
Hi BP,
Quick question, I completed a 1031 exchange on 9/2023 (about 4 months ago). I purchased a 6 Unit Multifamily as the replacement property and put about $150K in renovations into it. However, after thinking abou...
Marian Smith
Auction tip...learn from my experience
Just wired funds to close on my second auction purchase...2 years after last auction purchase. Yea!
My beef: To add to the 1) exorbitant 2.5k auction fee (which I got mostly back at auction close on my first auction ...
Susan O.
I have 8 more days to complete 1031 exchange.
Long story short this should have closed last week, but some crap came up from the bank underwriting. We're basically trying to save about 100k in capital gains tax so this is very important.....I'm on day 172 of 180...
Matthew Trevino
HELOC vs HELoan. Anyone have tips for using equity on a primary?
Hi there I have primary residence that I would like to access its equity to begin my first RE investment. I have came across HELOCs and HELoans but not sure which would benefit me best? I am leaning towards the BRRRR ...
Nathan Smith
Iowa late fees property management
Hello everyone,Quick question about late fees with Iowa law. The law states that if the rent is less than $700/month, then late fees can not exceed $12/day up to $60/month. Here is the exact wording: “For rental agree...
Lauren Brown
How long should I be accepting offers?
How long should I be accepting offers on a wholesale assignment? Is it dependent on how quickly the seller wants to close? I'd like to give cash buyers 2-3 days but not sure if this is too short of a time period.
Billy Rowe
Home path
Can someone tell give me some insight into what Home path is all about? From what I’ve been reading, it seems like you can get some quality rental property for not much money. I read that you can put down as little...