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I just started operations in 2024 doing STR arbitrage. Here is the structure of the LLC's:-I live in PA and have a holding company LLC incorporated in DE.-My business partner lives in MA and has a holding company LLC ...
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Starting out if I use an agent to make offers, and run comps, what would be a fair compensation to them if I end up wholesaling a deal? My idea is to flip but if I get two low offers accepted at the same time, I will ...
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Over this past year (my first year of investing), my wife and I have had MANY expected and unexpected expenses in terms of our real estate journey. Many of the unexpected expenses left us temporarily feeling defeate...
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To Private lenders How would I renegotiate the rehab deal if both of our calculations, or estimates came up short. Or do I fund the rest of the renovation myself?
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This is the most intriguing time in the mortgage industry I can remember. Very challenging, but some optimism on rates, allow me to share some positivity: Rate increases this fast and this high havent occurred in my ...
Is it the responsibility of the landlord? Should it be left to the tennant to deal with? What might they do if the landlord refuses to deal with it? I'm wondering what others would do in this situation
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Hi there!I have the means to invest about $40,000 dollars (down payment, repairs, closings costs etc.) into a 3/2 SFH in a desirable state with a buy-and-hold strategy. In addition to state income tax, property tax, a...
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Caution, long post, but worth it!
I’ve posted on here in the last few years about our journey into Short Term Rentals, and the way that it has drastically changed the velocity of our financial future. From those pos...
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Hi Everyone,
Can anyone explain the future ARV to achieve the 70% a hard money lender needs if most foreclosure prices are close to market values?
Has anyone hired a contractor for flip and as part of the pay give them a percentage of the profit. This would incentive timeliness and good work. Thoughts?