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About to pull the trigger.After a year of education, dabbling, and talking with hundreds of investors, wanna be investors, and sellers, I'm taking massive (imperfect) action. I'm a college student with a couple grand....
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Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
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Went to court today. >>>> in the words of Judge Smails (from the movie Caddy Shack) "didn't want to do it...felt I owed it to them". Sorry, that just came to me. Anyway......If you're going to be a Landlor...
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I have heard of many investors filing liens on property or on friend’s property in an attempt to fend off legal challenges that would arise from someone identifying this equity. I realize that entities can be used ...
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Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
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After all expenses, Cap x, vacancy, etc, what is your minimum today when purchasing?
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Hello, everyone! I have been reading like a mad man, and I feel like I have a pretty solid understanding of financing, renting, selling, controlling the properties you buy and a variety of other techniques and investm...
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I live in California and I have been looking for a place to invest that has cheaper homes than the $500,000 homes where I live. I have searched all over using Zillow and one of the states I am considering investing in...
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Hello everyone,
I have two inherited tenants who want to pay cash. They could do so without problems in the past, because the previous owner employed a property manager. The rent is over $1000, so I think mailing a m...
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Hello BP, I have been doing some research trying to find cheaper ways to market and better ways to find motivated sellers. I have come across facebook ads frequently, but many people are saying that they have mixed re...