Joseph Medina
Calling all Old School Multifamily Investors for help
Hey Everyone, my last post I received some great help, but now, I am looking for advice/ guidance. It's practically July and The Fed meets at the end of July, and three more times after that. I expect slight increases...
Calvin Lipscomb
Working With Real Estate Agents in Chicago
I am having some very bad experiences working with agents in Chicago. They have all been the non-listing agents and I fully understand why the listing agents do what they do, they want all of the commission for thems...
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
Hi! I used a HELOC to purchase two SFH around ~250k each as cash deals about 2 years ago. Are there any options for me to get a fixed rate loan on each SFH so I can pay back my HELOC. The interest rate on the HELOC is...
Nick Talvy
House on an Interstate
Hey everyone I have come across a deal in a good rental area. The price is right. It's a safe, quite area, and the rent in the area for the size home is 1200-1300. My biggest concern with this property is the yard is ...
Rashad H.
Rip this apart
Below is my long term game plan/ strategy to financial freedom. Please tear this idea apart and let me know what can be improved.-Purchase a combination of small rental units 3 to 10 unit buildings. 10 units over th...
Corby Goade
Creative (ie; inexpensive) landscape maintenance solutions?
in my area, landscapers charge a minimum of $100 per month to mow a lawn. I have skirted this by telling my tenants that in order to keep rent down, I ask that they mow the lawn and I provide them with a mower if need...
Russell Cazeault
LLC and simplified bookkeeping
So it is recommended to have each property in its own LLC. However, having to run separate books for each entity is a hassle. Is if possible to have one LLC own multiple LLC.s ? Then just run one set of quick books ...
Account Closed
*Calling all experienced millionaire real estate investors*
If you woke up tomorrow, and you were 22 again, but had to start all over with only $40k in your pocket, netting 30k/yr managing commercial real estate, without a degree, a spouse or children, what would you do? (By t...
Pat L.
Interesting Scenario
Our 401(k) solo holds a 50% 1st position note on an investors rental SFH.
We are taking it back DIL for mtg arrears. With a little rehab it will sell for a good $25-$30k above the balance owed.
My TAX i...
Burt L.
Purchase a First Flip Property in Late Summer, or Wait For the Winter?
I am looking to begin an initial flip property, and as its early August I wonder if I should wait and make the purchase this winter to be put on the market in early spring.
In talking to local rehabbers I've heard s...