Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Do many seasoned investors recommend to tap into your life insurance cash value as a loan to your self to fund a real estate investment? this that a good strategy for someone that has limited liquid cash in the ba...
Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
I have been investing for just over 10 years. I started with a duplex where I lived in one side and rented out the other. I now have 13 properties. I feel like I know what I am doing, but whenever I look at my numb...
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
You know that @Brandon Turner and I talk like high-school girls. Like every day... You could say he is my significant other:)Well - we were talking yesterday. Discussing whether we still have any credibility. He ...
OK, I have been going it alone attempting to wholesale for about 3 months now and I have not made that first deal yet. I live about five minutes from DCREIA and its "Dean" Sherman Ragland lives in my development on t...
Hello guys,
I'm new to BP and real estate. I've seen people bring up "turnkey" properties a lot. So what exactly is turnkey properties and how do you find them? If there are anyone that have purchases a turnkey prope...
I had a property under contract and the closing documents were sent to the seller and she seems to be refusing to sign and return. She is ignoring phone calls and clearly avoiding me.I'm certain that she's changed her...
I have a problem and would love to hear some opinions on this.
Here is the scenario: a $1.5M tax exposure (net profits on sale of property) and a lack of desire to pay Uncle S. and CA 50% of that ($750k).
So the ques...