Hi Gang, Melford & Concetta Bibens here!
We live in Sarasota Florida (Lakewood Ranch to be exact) and we are new to the RE investing game, but very well established as successful business owners.
We have been in...
I'm looking at getting my 2nd deal which would be my first multi-family unit. We found a market that fits our criteria - side by side du-quadplex at <$200k. To finance this property, I was going to do a HELOC on my...
My business partner and I started investing this year. We currently have three properties with eight total units. We hold the title to each property jointly, but we do not have any legal entities. What is the best way...
Do you notice a high turnover rate with your triplexes? I was considering purchasing one but was told turnover is very high. What's been your experience?
Say if you have a project that sells for $5 million but there is some form of seller financing where the buyer pays $2 million upfront and then the rest is paid over a 3 year period. Cost basis is say $1 million and ...
Called about a house today that I road scanned after being told about it being "a don't wanter hurting for cash"several times.Rural area on highway.the owner said he was looking for $215 and that it had been em...
Hello, I'm a RE investor living in Van Nuys, CA. I'm mainly interested in buy-and-hold type deals. I own a few units on the east coast and looking to add more. I mainly want cash flow with appreciation as an added bon...
Hello, I am working on my financial independence plan - my goal is to generate a passive income of $10k a month. I have decided that I want to generate 50% of my passive income from stocks/dividends and another 50% fr...
I’m into my second major rehab and have been purchasing materials for the contractors to use on my credit card. 1. To get the rewards points2. Cash is tight and I need to keep room for labor as the contractor doesn’t ...
We are under contract on an over/under duplex and in a sticky situation... I need help! So, we were supposed to close on this property Friday Sept 4th. However, closing was pushed back maybe a week or so according to ...