Just wanted to see what everybody's thoughts were. I'm working on a deal right now on a second rental property that if I complete it, I'm looking at around $1,100 per month in cash flow after expenses. My thought is t...
Am possibly interested in a charitable remainder trust as an exit strategy on some appreciated and high basis buildings. Have some I bought in 2002, depreciated, one was a 1031. Thinking to do the trust as an exit str...
Hey everybody,
We are rehabbing our first buy and hold investment with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Seems high for just a simple PN...
In last weeks podcast @Brandon Turner mentioned he had a friend that would purchase flood insurance before closing, then once the deal closed he would cancel the flood insurance. This would force the bank to find an i...
I have 2 rentals in California: one Single family and one triplex both in California. both properties are under my personal name. I am trying to learn different asset protection strategies using LLC. and Land trust. A...
At the end of this year, I would like to purchase a personal residence with a FHA loan. Is it possible to use a FHA loan for wholesale properties? I would live in the property and do renovations (kitchen and cosme...
Hi! I'm new to the medium term rental strategy, so I wanted to ask the more experienced members here: how do you go about writing a proposal to insurance companies, government agencies, construction companies (or othe...
I'm still doing the pre-license course. I'm writing it all down in a big note book to help me memorize it all.I came across this on Real Estate Express' course.My question: Why does this list both PMI (Private Mortgag...
I was talking to an acquaintance the other day and they informed me about a strategy where one can essentially partner with insurance companies for when an insurance client's home is destroyed through natural disaster...
Hi. I would like to know my fellow CRE investors of what u think. We are in contract of this apartment building in Kansas City, MO. 6 units, needs a total rehab/rebuild. Fire sale. Previous owner claimed 150k from ins...