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I am looking at a property that I think I can get for $135K and its should appraise around $170K. I was thinking of going in with the 20% dp (Mortgage would be for $108K) and purchasing it. I would then do a cash out ...
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Hello everyone! This is my first post on the forums (despite surfing the site for many months now), so please bear with me.As an up-front comment, we are considering the advantages/implications of property holding LL...
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Hello all,
My name is Rene Martinez and I am from Dallas, TX. I am a full-time book keeper trying to get into the real estate investment game. I've been strolling through the forums for a while and finally decied to...
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This might seem like a ridiculous question but I’m trying to wrap my head around how wholesaling works. I know you have to find a property and there are several ways of finding properties. I understand that.Let’s say ...
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My neighbor has told me about a major infestation of bed bugs in her home a couple of weeks ago, I mean so bad that the school makes her son change clothes as soon as he gets there , it just so happen that I’m subje...
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Hi All,Does anyone have any experience going after bad contractors in Milawukee? We had a GC that basically dropped the ball on numerous portions of a rehab job and is refusing to complete a garage even though he was...
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That title is a reference to old punk rock song. I’ve had an investment friend suggest I sell my real estate holdings which is 5 singles family homes. He made a suggestion because of rising interest rates and home val...
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I took my tenants that lived in one of our apartments to the magistrate on August 3rd for lease violations and owed rent. The judge gave a judgement against them and they moved out yesterday August 13 without paying t...
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Wholesalers,How do you explain to the seller the fed/state tax liability that comes with the sale of their home (assuming it's a second home - not their primary residence)? Since most sellers are hoping for a quick ca...
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Hi everyone,I figured someone might benefit from my experience so I decided to post my story here. I will try to keep it short but I will respond with any details if anyone asks.I purchased a triplex in August 2017 th...