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Please HELP ME!! I need to borrow $150,000 to fund the downpayment on a Primary Residence I want to buy.The total purchase price is $400,000. The owner will finance the $250,000 at 3% over 10 Years amortized over 30 y...
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Hi, BPersI have a question on purchasing a Quad using my 1031 exchange account and wonder whether I could get some inputs from you all!I just sold two properties and put the proceeds in 1031 exchange accounts. The dea...
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Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
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To be honest this is a bit off the topic from real estate but I am a bit puzzled as to how I should be investing into the stock market. I’ve learned all there is to investing into Roth IRAs, Index Funds and ETFs, but ...
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Hello Everyone,My wife and I both work and we own 3 properties. We show rental income on our taxes, so we are a 3 income family. We are debt free except for our mortgages. Yet our biggest issue to get a new conventi...
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Hello All,
I recently had friends join the Franchise “we buy ugly houses” in New Jersey and they are killing it. I wanted to see if anybody is part of franchises like this and if it makes sense joining it? The fees w...
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Hello everyone! Newbie here and preparing myself the best I can for my first property. Curious how you pay the mortgage and eviction expenses if you have a problem tenant? If there ever was a need to spend money for e...
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Hello,I have been doing a lot of research on buying duplexes-fourplexes. I think that I have a good basic understanding, but I'd like to learn more about my specific ares: Springfield, Nixa, Ozark, BransonI plan to go...
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Hi, this is my first post on the forum, really appreciate some advice on this:We don't normally rent to Section 8 tenant (so we are inexperienced in this). We had a Section 8 tenant break the lease (3 month before the...
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Can Real Estate Really Be Purchased “At A Discount” ?
Most investors buying property think they‘re doing so “at a discount”. The vast majority are wrong. It very hard to purchase a property below market value. First,...