Michael Gonda
What to do with $3 million in equity
Hi everyoneMy business partner and I have 25 - 30 single-family homes and multi-tenant properties. - All of the homes/properties have been renovated and have been in service for a number of years (meaning we have a ...
Nathan Gesner
FED finally admits we're in for a correction. Thoughts?
https://www.ksl.com/article/50...I'm no smarter than the next guy and nobody knows the future. But my common sense tells me you can't increase housing prices 50% or more in two years and expect them to stay there. I p...
Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Kevin S.
What to do with $1,000,000.00?
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Drew Cameron
Heloc to pay off mortgage faster
I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...
Will Barnard
The Occupants from Hell!
I am currently dealing with some occupants (who are no more than squatters) and getting them out so I can get in and start the rehab has been a daunting process. Typically, I get them out with cash for keys and it is ...
Peter Seely
LLC or just Good insurance
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
Greg Gaudet
Enforcing purchase contract - seller canceled breaching contract
Aloha all, I’m buying a rental property, half way through escrow (45 day escrow bc I’m using a mortgage since sellers not in a rush). I found the deal off market, but still suggested the seller pay a realtor 1% to wal...
David Sosna
So you want to make the neighborhood better, huh?
A big dilemma we are dealing with it gentrification and what it means to us. We want to invest in our own neighborhood for many reasons. We want to be close to our houses. We love it here. We love the mix of middle cl...
E J
1 Page Contract - Legality
I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...