Mark Updegraff
Management Company, your input requested on accounting practices
Hi All, I recently formed my Management company to separate the liability from the properties themselves. I just want to throw this by you to make sure I'm doing it right. After all, I don't want to end up having t...
Ryan McPherson
Rookie Investor Looking to Make new Friends!!!
Introduction: Hello Central Florida! I'm a District Manager of a fortune 500 company. I'm a young investor with a lot of ambition and desire to make it big in REI(or in life in general). I don't believe in brakes and ...
Kyle Sosnowski
Real Estate Newbies! Unite!
Hi all,
I am a newbie investor myself, and wanted to start a conversation to hear about others in my type of situation (which I could imagine there are quite a few out there) I just wanted to use this as an opportun...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Jeff L.
What happen if my cash offer was accepted and I would like to finance the property now?
I am considering using hard money or conventional. by most likely I will be using hard money , since the property is no show, the appraisal can't get inside the property.
Emmett Gorman
Basic insurance agent questions
What are some general questions to ask agents when shopping for insurance? Opinions on going with a local firm or larger, national firms? Thanks
Bill Mixson
Who writes the contract for off market property
When I find an off market property that I want, without the use of a agent or broker, who will write the sell contract? Is this something that I need to learn how to do? My understanding is that only a broker/agent c...
Vish Rav
Seller not approving to disburse earnest money
Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...
Charlene McNamara
Help-write offs leave high DTI ratio!
Wondering if anyone has words of wisdom for me regarding lowering my DTI ratio for the sake of future financing. I've always worked under the following givens:-I try to leverage as much/best as possible, therefore hav...
Michael Ndjondo makadi
Can a rental be run as an LLC without transferring ownership?
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...