Casida Caines
Lender asking for closing date extension/ anxious seller.
Hello everyone,
My lender is asking for a 7 day extension on the current closing date, February 9th, but the seller is anxious. Has anyone encountered this situation before and what are some possible options/strate...
John Bucknum
Compensation for plumbing issue
We own an 11 unit property that has had numerous issues with sewage backups since we bought it about 3 years ago. Place was empty when we bought it and in horrendous shape due terrible tenants and awful management co...
Reggie Nworie
How to Choose the Right General Contractor
This article originated from our internal process for selecting contractors for our own projects. This is important because one of the most critical aspects of successful real estate investing is selecting the right c...
Kenneth Cheston
Anyone on here had experience flipping or owning Condos in Baltimore?
Hi everyone,I'm looking to flip my next property to get some more cash. I've been snooping around MLS and direct mailing for a bit. I usually stay away from condos and HOAs but recently I took a look and it seems like...
David Ivy
Austin Market Report - June 2024
The June 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin decreased 1.6% to $600,000 over the past 12 months. The greater metro area’s median price fe...
Michael Zandona
Best Investment for Depreciation
What investment choices would you recommend to offset W2 income taxes? Let’s say we’re shooting for $50k tax saving per year. My wife is a real estate professional (we can deduct real estate depreciation) so a proper...
Mark Poshak
Using a friends money - taxes and LLC thoughts?
Looking to use a friend's money who is interested in investing to buy rentals and flips.
Two questions:
1) can I borrow money from him, like an unofficial hard money lender, without us being in an LLC together? He...
Edward Kozic
Flipping without taking title
I am not sure how to structure this deal and need some feedback. I found this property on Craig’s list. The property is vacant and the current homeowner does not want to sell it for less than $160K. He is very motivat...
Stacy Tring
Investing in someone's primary residence
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
Jorge De Jesus
Seduced by Syndication
I’m dangerously curious about sponsors and how they become that. What value do they bring aside from perhaps finding the deal and having some skin in the game also? Are they expected to have the ability to put all sys...