Jay Garrison
Buying a home that is too low priced to qualify for a mortgage
Hi,I am interested in buying a two flat in my area for rehab, and then I will live in one unit and rent out the other. I understand now that such a low priced property isn't profitable for a traditional bank or mortg...
Mike Boss
Advice on who to use to start an LLC
Here are some questions. I’m thinking of starting an LLC for when I purchase properties for flips. I was wondering how much it typically costs? And is there an annual fee to maintain the LLC, how much is it? I’m hopin...
George Zink
private funding
looking for solution...winning bidder at cash only auction closing 5/2...purch 379,500...needs 100k rehab...ARV is 650k...I'm putting 190k personal $...borrowing 290k...private lender has agreed to fund but wants to e...
Emanuel Ohunwu
Investing security deposits in the stock market.
Has anyone ever considered placing security deposits in the stock market? I'm talking about dividend paying stocks such as Google, Apple or Microsoft. It's an idea I've been playing with. My rental property is in Fort...
Nick Stango
How to get private loans into a contract?
I have an investor with $20k but I don't know what to do as far as a contract goes. Can anyone guide me into the right direction?
Abby Holland
Security Deposit Return Before Move-In Date
I had a unit come available March 7th. I had applicants within a few days. They gave me a deposit on March 13th but didn’t sign their lease right away for an April 1 move-in. They asked to push the date to mid April t...
Jason Chambers
How do you collects rent?
We recently bought a 5 unit property in an older historic area that is seeing some growth. We got a good deal and the rents have been kept artificially low which allows plenty room for more cash flow. Only problem is ...
Daniel T Stockman
Level Up or Stay Put?
I have a question and it revolves around selling a property. Let me outline the situation:- We purchased a property in 2021 for $245k and now we can sell it for $350k. We currently have a 2.99% interest rate.- The pr...
Joshua Dorkin
Bush Proposes Stimulus Package of 1% of GDP - Thoughts
President Bush today proposed an economic stimulus package amounting to 1% of GDP. His ideas included:
Immediate implementation
No Tax Increases
Bolster business and consumer spending
Tax rebate check
No Spending Pr...
Shawn S.
How many bank accounts?
How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn