Venky B.
Dangers of buying homes built in 1900
I am looking at a home built in 1900 for buy and hold. I would like to know, what are the dangers of buying a home that was built that old. The home looks in good condition. One thing I observed is that the steps of t...
Scott Szurek
Does a seller’s agent sell a home? Or does the home sell itself?
I’ve read a couple threads on commision didn’t really find out an answer for the question above. If there is a discussion already going please lead me to the right direction. First off let me say my experience is mi...
John Morgan
What exactly does refinance mean in the "BRRRR" strategy?
Hello BP!! I'm currently reading "The book on rental property investing" and just finished the section speaking on the "BRRRR" strategy and how this is beneficial. I've also heard and seen other people mention this st...
Janine Covello
Help! My deal may be falling through
Hi All!Not sure if there is anything I can do to save this- but being new to REI would love some opinions.Me: New investor here, found a great deal on a two family in the greater philadelphia area, shortly after seein...
Morgan Klein
How many properties do you have in your LLC?
Hey BP - My wife and I started investing in real estate a little over two years ago. We currently have 4 SFRs in our portfolio. We both have good careers in sales (not real estate), with a combined 27 years of earnin...
Amanda Sutherlin
Owner Finance deal- has 2 mortgages, Agreement for Deed …Can I even buy this thing?
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
CL Ziegler
Buying rental units after age 50 - Bad Idea?
Hi Everyone,In a casual conversation the other day a friend said: 'You can't look for a quick return. Any money made will be over the long term.'That has been bugging me ever since he said it.Here's my question...Wher...
Account Closed
How to get paid for leads to agents?
Is there any legit way to get paid by an agent for giving them leads for listings that close?
My current marketing is producing lots of calls from people with properties who are ready to sell but that I'm not inter...