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Hello,I have a contractor that is requesting 50% of what he quoted the job up front. It isn’t a super large sum of money, but I’m curious on what type of things I should do/look for to protect myself. As of now all I ...
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In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
First, let me clarify that I am not out to bash any realtors or the profession. I do not claim to know everything about real estate/ act like some guru. I'm just a noob who is trying to buy his first investment proper...
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Henry Ford once said, "Failure is only the opportunity to begin again, only this time more wisely."
I believe that is the case here.
As most of you know, BiggerPockets has for the past weeks, been planning a real es...
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Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
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So we have been actively looking for investment properties for 2 years now. Fortunately we were able to purchase one and are in the rehab process. But even getting the first one took finding 3 realtors. So here is the...
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I’m looking at a great deal in a not great neighborhood. Not great as in lower income, higher crime, and from what I can tell driving through, mostly African American neighborhood. Should I avoid this area all togethe...
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Hi everyone,I have a property in NC that i closed on June 15th. https://www.zillow.com/homes/105D-Brookshire-lane-...I have a property manager taking care of trying to get a renter. the problem is she is constantly ge...
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Hello everyone, I am curious if anyone has built a successful portfolio debt free. I am not arguing leverage vs debt, leverage wins everytime hands down, no argument here, I own a calculator, pencil and paper. My con...
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Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...