Aimar Campbell
Random questions
Hi. I have a few questions that are scattered among topics. Any guidance would be great. As I'm sure is obvious, I'm a newbie and trying to find direction on how to start and make my head stop spinning.
1-I have read ...
Corie Carpentier
Rehab Financing, Hard Money Loan? Advice?
I am soon to be closing on a property that my wife and I and our two toddlers plan to rehab and move into and rent out our current house. We are looking at about $60k in Reno and updates. Considering doing a hard mone...
Myles Bradley
Multi-Family Conversion: Is that my driveway?
Hey All,Brand new REI here! My wife and I made an offer on our first multi-family home in southern CT that we will occupy. We’re discovering a bit more about the property during due diligence and wanted to share the s...
Account Closed
Renters insurance company denied claim
The property has a unfinished basement made of 100 year old concrete. In Vancouver WA you may know or suspect that we get a fair amount of rain. Well she left all the windows closed so the added moisture from the rain...
Sam Ricochet
990-T UBIT for SDIRA with LLC
My first post out here. Learnt a lot from just search and reading through. Great place to learn!. Thanks!Here is my story:Me : SDIRA(IraServices) --> My LLC(EIN 1)Wife: SDIRA(IraServices) -->Wife LLC(EIN 2)Bough...
Joe Marshall
New here going from flipping in SA Texas to rentals in Muncie IN
Just wanted to introduce myself... I am living in Muncie Indiana my wife and 2 kids moved to Muncie a little over a year ago from San Antonio Tx. I was flipping homes in the San Antonio market I had started out workin...
Megan Arzt
Good deal or not...
I have several questions. The first is how do you determine what a mobile home is worth? How long do they tend to last? I'm looking at a '78 single wide. And also, is it even worth attempting if the home has to be mo...
Leslie Jerue
Question about owner occupied 4-plex and owner paying rent
Hello All,I'm still learning the 4plex game but recently purchased a 4plex in Alaska back in March 2016 and moved into my unit in May 2016. There were already existing tenants and I had to give one the boot to move i...
Stephen Gathman
deficiencies and promissory notes
Do a lot of closed short sales result in the sellers still being on the hook for all or a portion of the shortfall? For example, would a home selling for $200k with a loan amount of $370k likely have something like th...
Russell Lightfoot
New Member From Jacksonville FL
Hello all,
My name is Russell Lightfoot. 25 years old, bachelors in Mechanical Engineering from Georgia Southern University. 3 years in high speed manufacturing, currently a Business Process Manager over a bottle lin...