John Baker
First Fix and Flip Investment Completed - Cary, NC
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $289,000
Cash invested: $80,000
Sale price: $410,000
Final thoughts - This was a great learning experience. I w...
Brandyn Dietman
Property 2&3 Advice!
Hey everyone!
I purchased my first property last May, which is a 3 unit. I occupy the lower unit, and used the VA, so I have a 1 year owner occupy clause. I have good cash flow, and want to expand my mini empire.
Q...
Chris Eidson
Finding out mortage balance on property
What is the best way to find out how much a current owner's original mortgage was? Most often the appraisal district will not have a document with the mortgage balance?
Account Closed
The times we are lied to
I am lied to on a daily basis. Most of the time I can figure out what is really going on or at least figure out that I am not being told the truth. My question is what should I do with these people?
I guess we get so...
Nadav Ben Horin
Adding partners to a Single member / Disregarded Entity LLC
Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...
Benjamin Sulka
What strategies do you use to make your property more appealing?
For those rental property investors, whether it be single family or multi. What strategies, techniques, and improvements did you utilize to make your property more appealing than others in the area?Are there ways that...
Joseph King
Is this Unconstitutional? Are they kicking the can down the road?
In an article by Brad Beckett: Director of Education & Outreach, National Real Estate Investors Association, The CFPB wants to prevent Foreclosure until the end of the year. A new rule proposed by the Consumer Fin...
Sean Price
Wrap Around Mortgage Still Viable
Hi All,We are considering purchasing a home with a wrap around mortgage. I am trying to determine if this is still a viable option in the current real estate market. I know about the dangers of the due on sale claus...
Erik Jason
Would you do this deal?
I'm looking for some feedback on this short sale property. Not great ROI, but should cash flow nicely as a rental. Built in 1994, needs about $7k in foundation repairs plus minor carpet/paint, otherwise the house is i...
Derek Jess
Newbie from Denver, CO
Hello friends! My name is Derek Jess. I'm a financial advisor in the Denver metro looking to build up a solid portfolio of rental properties in the area. The Denver market is extremely hot, and to find a good deal see...