Account Closed
Can Assignment Clauses Bite You?
Hey Everyone,
My understanding of the wholesaling game is you get the property under contract and then assign your rights to that contract to another buyer for a higher price, and the money is made off the sp...
Samuel Coronado
Looking at another park
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Account Closed
Emerald Coast multi family
Hi all, I've been considering investing in multi family on the Emerald coast, ideally around the Destin area. From doing my homework I've realized a lot of investors are looking for short term rentals and vacation ren...
Ryan Marchand
Professional Deal Analysis - Impact of Prepaids on CCR, Proformas
Situation:We're acquiring properties at a steady rate (2-4 per month) and I'm looking to improve our cash management. The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining...
Claudia Adams
Real Estate Investing Companies
Just curious about everyone’s thoughts on Turnkey Real Estate Investing companies like Smart Invest in Birmingham, AL?Does anyone have any experience with them? It actually sounds too good to be true but before I rea...
Lillian Shi
1031 exchanges Can I do this?
After I sold a flipping property ( single family residence), can I use the profit to purchase a rental property ? Is this qualify for 1031 exchange?
Second question, may I use the flipping profit to purchase a renta...
Nelson Dorado
Queens, NY - New Member
Hi all! My name is Nelson Dorado. I'm a Queens, NY native (currently living in Elmhurst) and have been searching around the forums, listening to the podcast and attending webinars for some time now. It's about time...
Brad Jacobson
Breaking Cashflow Rules - Worth the Equity?
I'm about to acquire three doors (one single fam and one duplex) at a great price from a motivated seller. Should have at least $100,000 in equity between the three and they're all very much rent-ready. The seller n...
Johnny George
Just Closed on 1st Property, Is Immediately Getting a 2nd crazy?
My business partner and I just closed on our first Investment Property last week, a single family home for long term rental in Pittsburgh. While we were in Pittsburgh (we both live in LA, but from Pittsburgh original...
Zach Bollman
Purchasing Out-of-State Notes
Hello all,
I have been investigating notes available from MLS and other sources, but am a bit reluctant to purchase a note that is outside my state. My concern is working with the borrower should the note become non-...