Eric Stanley
What do you think about my idea to buy land I can’t afford???
I want a piece of prime land to build my dental practice and house a couple other tenants. It’s 2 million and over my personal budget. Here’s my idea:“Partner” with a few other investors to purchase the land. But they...
Jeremy D.
How does one actually become a private lender?
I know most people who get into private lending usually start by lending to friends or family or someone in their trusted network. Is it really as simple as that? Just draw up a promissory note, register it with count...
Alex Ng
100% LTV properties
Hi, I'm looking to scale my portfolio. I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP. I choose multifam because they have higher cash flow. I ran some ...
Mark Kovacs
Cleveland and Chicago - Would love feedback
I’m 39 and have about 20k saved excluding my 401k. My salary is over 100k per year. I have a rental in Cleveland, Ohio I started renting 10 years ago when I moved to Chicago. I’ve had the same tenants in the house for...
Jory Wilder
STR Cleaner wants more money for longer stays ???
I have an STR and usually book it out for shorter stays like 1-2 nights at a time mostly. My cleaner recently mentioned she would like to get paid more for longer stays that are like 4-5 days. Should I pay her more $...
Drew Byrd
Wholesaling through an LLC
I'm looking for answers from either legally qualified individuals or other people who have had first hand experience with this. I live in Mississippi but will be wholesaling in primarily, if not entirely, in Memphis, ...
Nancy Miller
What are proper steps to take when suspecting fraud in a HOA
Would love to hear if anyone has taken down a crooked HOA and any advice you can give me on how to handle this situation. Have a situation in a declarant (aka developer) controlled condo/HOA. The declarant finished de...
Doug Vigliano
Lease-Options in Texas
I've hear that Lease Options is an issue in Texas? I am moving out to Austin next summer due to work and was hoping to find a property to rent but also see if the property owner would offer an option to buy. Is this...
Ken M.
Creative Financing and Some Things To Know
Someone asked for more detail on Creative Finance. I always look at the exit strategy for the property to determine which kind of Creative Finance I would use. Sometimes I actually walk away from the deal - Not All Cr...
Jason Varney
Buying tax deeds
Hi all,
If someone buys a tax deed at an auction, does that mean they now own the property? Does the previous owner have any period of recourse? If so, I'm assuming the time period depends on the state? Thanks!