Justin Moon
Hard Money Loan???
Pros, cons?
The realtor I work with found a foreclosure that looks promising if I put in the work. I went for a viewing yesterday, and it needs a bit of work but I can see the potential in it if I buy it for ...
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Andres Goldstucker
Is there still place for flippers in todays economy?
I got started in the Real Estate world about 5 months ago when i realized that i needed to produce additional income. I heard about buying properties online (Auctions) and reselling them. I googled a couple of online ...
Mike Ordunez
New investor advice on where to start
Good afternoon and happy new year ! My goal for 2017 is to get my Real Estate investing career up and rolling and to hopefully end my day job . I don't have and investing experience other then the house that my wife a...
D Williams
Preparing to Rent - application 1st?
I’ve read previous posts on this topic but am curious if the sentiment has changed over the years. I am not a new landlord but the homes that I have rented in past were homes that I didn’t currently live in. The hom...
Mimi J.
Builders Risk Insurance
Does anyone have any recommendation for builders risk insurance. I contacted one company and was quoted $6805 for 12 months. I am new to this arena but this seems awfully high. I have a home in DC I inherited and w...
Bradley Chiakas
Starting a PM Company, Need Advice
I created a real estate LLC a few years back. I am financially independent (still creating wealth and living purely with passive income). I am managing 6 properties currently, 4 of my own. 4 in Playa Del Carmen, Me...
Yatin G.
Bonus depreciation and cost segregation
Have a few questions 1. Can you buy a property as a vacation home (10% down) , use it for personal use for 2 weeks in the year and use it as STR for rest ?2. Can you do a cost segregation on this property and use it f...
Mark J.
If you had to do it over again...what would you do differently?
Whether you've been at REI for one year or twenty, if you were able to talk to yourself when you first started out, what advice would you give?Very much looking forward to see where this thread goes... ;)Mark...
Account Closed
How do I seller finance from my mother in law?
The one property is worth $400,000 she owes $168,000. I want to work out a deal where I am able to able to retain her interest rate of 2.75% while having it make sense for her as well. I have the ability to pay her a ...