Travis Elwood
Partnership question finance vs free time
A friend and I are working on purchasing a duplex and want to set up a partnership to do so. I am currently making roughly 2x his income and he cannot financially cover what would be fair in my eyes 50% of the expense...
Kevin Schultz
“Homestead” qualifications for tax deeds
I’m curious what qualifies a homeowner for the 2 year tax deed redemption period in the state of Texas, as opposed to the 6 month redemption period?Does the owner have to have current HS exemption claimed on the prope...
Corey Switzer
How to Buy When My Rent is Cheap
I run a profitable restaurant in a two-story commercial building. (The second story is another commercial space but is unoccupied.)I have been approached by the mortgagee (a private lender) to suggest a deal that woul...
Michele Rok
need help structuring an Reo
3 questions:1. Can i have an agreement with the bank on a reo if my credit is bad and i have now income? Should I bring in an agent?2. How can i estimate ARV if seller will not allow me to walk through sue to tenant o...
Samuel Everett
question? Thinking caps on!
Hello everyone,
I have come across a quadplex (2 for $550 and 2 renting for $650. all units rented with 8 months or more left on lease) been there, in excellent condition inside and out. good tenants. seller asked for...
Ivan M.
Wife About to Get Real Estate Agent License - Tips
Hi all, So my wife has been a stay at home mom for the past 7 years. She's about to take the test to be a real estate agent in South Carolina. I have a good and steady day job (plus side gigs) along with one rental (p...
Account Closed
PM and owner move in checklist
Hello everyone Is it typical for the Property Management to give a copy of the move in checklist ( also called Inventory and Condition form) to the owner? I have rental home through a turnkey company but no such copy ...
Eric Armstrong
Thinking outside the box...could this work and how?
Had an idea recently when looking at houses that have been on the market for 180+. Many of them seem to be priced right but could use some freshening up. My thought is, is it possible to go to the owner, have an agre...
Mark Fletcher
Finding a private mortgage investor for BRRRR
How are you guys marketing to find private individuals that are simply looking for a good return on their money?I know of a couple local fix and flip companies that are using money from private individuals to fund the...
Bryan Hancock
ActiveRain
I registered for ActiveRain what seems like a few years ago and it seemed to be mainly for Realtors and those engaged in “normal†real estate transactions. This seemed to be different than BP’s or other investo...