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Hello BP!
What are the pros and cons of creating an LLC right off the bat when beginning in the REI world?
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I sold a rental yesterday for a solid profit. Though the purchase price was miniscule, it means I sold it well over 3X my purchase and rehab costs. I rented it for four years to one family and the sold it. I bought in...
Has anyone used connected investors_dot_com? Wondering if its any good or worth the money to use? Seems like it could be a great idea, just pinging the BP community if anyone has any feedback on it. Thanks.
-Ian
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Hello all,I have a quick question about the BRRRR strategy. I am planning on buying my first owner occupied duplex in the near future with an FHA 203k loan, allowing me to roll rehab costs into the mortgage. After run...
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I've spent a good (bad) part of this evening reading about the nightmares that can result from not pulling permits, crazy inspectors, pulling permits and opening a can of worms etc...My question is...how long to do yo...
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IM READING A BOOK HELP!GROSS RENTAL INCOME: $1,000VACANCY: $60WHY WOULD VACANCY ONLY BE $60 ON A SINGLE FAMILY HOME? WOULDN'T IT BE MUCH MORE BECAUSE YOU ARE NOT RECEIVING ANY RENT?
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I just got off the phone with a guy that got one of my letters. I've always had trouble understanding the effects of ch. 13 and ch 7, and especially when it comes to possibly doing a short sale for them and whey they...
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Gave my tenant a 30 day notice to vacate. We are 25 days into the notice and she says she hasnt found a place. I am going to file an eviction with the courthouse in 5 days and go through that process. The reason I ...
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Through my local networking and contacts, I plan to interview REI/Contractors as JV partners whereby I would purchase houses for cash and fund 100% of the rehab and the Contractor/Investor/Partner would provide the...
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I am planning to sell a property and 1031 in to 3. I currently have a loan on it. It's my understanding that I have to spend all my net, buy properties that, combined, exceed the sale price of my current property, a...