JJ Conway
New Member in the DC area (Northern VA)
Hi Everyone!I'm Janine "JJ" Conwaywho has been involved in "real estate investing lite" since 1999. I say "lite" because up until last year my experience was basically military-driven: Move somewhere, buy a house, re...
Jake Steven
A somewhat odd question about condos and HOA politics
We recently had a family member offer to sell us his condo. It's in a great area, and the offer price is slightly below that of other comps in the area. Market price is around $180k, we can get it for $160k (using c...
Billy C.
Large Multifamily Property Difficulty
Hi everyone, I am new to this community and look forward to learning as well as offering my opinion where I can. I made the decision to get involved with real estate investing because the amount of opportunities are e...
Aaron Scott
Tax implication on partner split at sale of property
So I'm going to lay out the situation the best I can and ask advice. First off, I'm in Alabama. Myself and a partner went in as partners on a flip deal, where he bought the house and we split the costs of rehabbing. I...
Lane Donatelli
Does anyone have a suggestion for a good self directed IRA?
I have money in an E*Trade IRA and want to transfer it to a self directed IRA for a down payment on a rental SFR. Any suggestions on best way to go? Thanks!
Luis Bermudez
Best books for real estate investment newbies
Newbies start from different places on the track. Some have cash and less than perfect credit. Some have excellent credit and no cash. What three books would you recommend to a newbie regardless of where they are o...
David Nacco
How do you handle reserves on your rentals?
So this is a total newbie question but how do you guys handle your reserves? On a rental that’s renting 1500 a month and saving 15% ($225, 5% capex, 5% maintenance, 5% vacancy) it just seems low to me. Am I just being...
Michelle R.
Refinance right after 1031 exchange
My question is : how soon can we refinance after closing on the replacement property? We sold a property for 1.95 million. The replacement property we will be purchasing is at a price of 2.9 million. We want to have...
Clifton Jones
Need Creative Ideas for Financing Property
My partner and I usually focus on short sales, but today, I received a call from a Seller who owns their property free and clear. The property is in an area we work with and the current asking price is comparable to ...
Charlene Rakhshani
Tax Liens on Foreclosing Props
I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...