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Where to Invest Next?
We are buy and hold investors...invested in Las Vegas, 5 homes, before the boom and pop, and are holding the homes as they are positive cash flow. Next, we discovered a suburb of Houston, TX with newer homes, masterp...
Domonique Hudson
Realtor screwed up my check
Hi Guys/Gals,I have a wholesale deal in place on a bank reo. I got the property under contract at $54,500 and I'm going to wholesale it to my end buyer for 59k all cash using a simultaneous close. My escrow company ha...
Manco Snead
Hold or Sell Multifamily with High Appreciation?
Greetings good people,
I'm looking for some feedback on the decision to sell or a hold a duplex I've had for 6 years. In short, it cash flows very well ($1000/month, partly because I put 40% down), is in a desirable ...
Mario V.
200k, can it generate 20k yearly ?
Hi everybody.For the last few weeks I have been trying to read up as much as possible on what I want to do, and the most encouraging and interesting google results are always from this forum.My dilemma comes from some...
Joe P.
Tenant simply doesn't respond
Full disclosure -- I knew things were probably coming to this. I've had to send overdue notices several times this year, and a notice to quit twice (this is the third). I tried to work with my tenant but they simply d...
Darrin Carey
Borrowing Downpayment, closing costs, and earnest money
As a private lender, I'm suddenly getting a lot of requests for three things that concern me.
1. Lending the Downpayment (behind another hard money lender)2. Lending all the borrowers closing costs3. Lending funds fo...
Rahul Sunkavalli
Roth 401K and Roth IRA
Working full time while attempting to invest. If my goals are to leverage RE for financial freedom, should I still max out retirement accounts?
1. Roth 401k vs 401k?
2. Open a Roth IRA as well?
Trying to figure out...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
Brandon Coleman
I’m 22 years old with around $40,000 to invest.
What steps would you take if you were in my shoes to start and build a portfolio? I’m interested in buy and hold properties, and I am just curious as to what some more experienced investors would do if they were in my...
David B.
Real Estate IRA vs. Solo 401k
So my wife and I are starting to look for a house to buy with our IRA, and then rent out, probably in Florida. This is something we have been considering for a couple years, and understand the procedure and rules. ...