I was wondering if there is some type of checklist anyone uses when they are negotiating with a distressed seller. Say you find a house through direct mail or driving for dollars and the seller is interested. Now I sh...
I am about to use a portion of my IRA and invest in a few properties. I wanted to get some insights from folks on their experience. Positive? Cautious?
Thanks
Tom
I pulled the equity out of my primary (70k) to use as down payment for my 2nd rental property, my finance guy wants me to get a HELOC to have available just in case, I have since had to change jobs so have to wait til...
Hello all,
I am new to real estate investing but my situation is such that my significant other will have a home up in Vancouver, WA and my part-time job is located in Salem, OR. We are exploring the option of purcha...
Hi Bp,
So I have a 200k mortgage on my primary residence that's worth about 250k. But I plan on renting this house out in a year but I want to get a heloc on it before I do that, so I can get a highed heloc when it's...
1, I just did a flip with a partner. He has an LLC, but I am an individual. The profit will be taxed at my personal tax rate.What's the benefit of having an LLC to do flip? What I think is that the mileage and meals w...
Hi, I attempted my first model for buying a 6 bedroom in Worcester MA. Pricing and rent prices are based on what I could gauge based on the current market there. This theoretical 6-bedroom would be a 2-family home t...
I am a newbie in real estate. I am planning to buy my first investment property this year. Before buying, would you recommend to incorporate and register my business in the regulatories or can I just buy it and the as...
i live in in oklahoma and was wondering, do i need real estate license "Sales Associate License or broker license" to buy fix and sell houses "flip" Thank You
Hey BP,I was talking with a friend of mine about investing goals recently. He mentioned thinking about selling one of his properties:-Triplex-Currently rent is under market. I believe each unit pays around $800. He...