Doug McLeod
"Paying off" private second with equity in another property
I'm selling a property on which I have a private second position note securing a loan from a relative. He wants to keep making money with me and I'd be happy to hang onto the cash for a bit longer. Besides securing ...
Maurice Nesbitt
Will new home construction slow due to the Coronavirus?
Residential new construction here in the Charlotte, NC area hasn’t seemed to slow down much despite the current coronavirus pandemic. I’m curious to see how long new residential construction can weather these rough ti...
Noah Wood
Locating vacant homes
Hello all my name is Noah and I’m fairly new to REI I’ve been looking to buy my first property for awhile now but can’t seem to find the deal I want to pull the trigger on whether it’s due to scarcity or the seller ju...
Lombosco Dixon
What's the hardest part of real estate investments
Well the hardest part of real estate is getting started in real estate investing my main problem is funding / raising capital for my need as well as finding buyers ... Please share advice and/or your story
Account Closed
contracts
I have found a few contracts on here but am not sure about how to go about this.My wife and I are in Fort Worth, have done a ton of reading and research, have found 2 properties we want to put under contract and are r...
Vincent M.
Collect rent Via ACH Automatically
Good morning, We have 19 tenants and manage the business via Quickbooks. We have about 70% who have agreed in writing upon signing the lease to pay via ACH/direct debit which is great, however, I am trying to add some...
Elizabeth Haddock
Looking for Ideas for a "CASH" Buyer
Not sure what the bank reporting triggers there are, but what other ways can he close transaction? Short term loan from 3rd party? Looking for ideas, thanks.
Stephen Oakley
First Investment- SFR
Hello All, I have been researching for 8 months or so and looking to pull the trigger on a single family in a college town. It would be my first investmebt property purchase! It was just rented this August for a year ...
Bennie Coleman
1st Rental Property closed 5 days ago
Finally pulled the trigger on my first rental property. Hopefully I can get the reno done in 6 weeks and rented by January. I have read the books and listened to BiggerPockets. Any advice is welcomed. I need to get a...
Allan C.
how are LLC withdrawals beyond capital basis taxed?
I have a multi-member LLC that hold several properties and we refinanced our portfolio. Due to appreciation, the refi loan amount exceeds the capital basis of the LLC. If the members withdraw funds beyond the capital ...