Real Estate Myths. I am glad my Mentor @Karl Krentzel is willing to tell me the truth so I can get deals DONE. Her are a few myths he helped me DEBUNK1) Myth #1 Realtors mess up deals and are a waste of time.False - ...
How do I get started I just want to drop out of college and get myself going on in the real estate world.
I’ve been looking into RETA deals (Real Estate Trend Alert) from International Living. The lead guy, Ronan McMahon, presents some compelling deals. I am curious though, if these deals are as sweet as they sound...I’m ...
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
Ran into a small problem with a refinancing problem with my LLC, which is 50/50 ownership. Problem was with our cash out refinance at 6 months. Fannie stated that both of our names needed to be on the loan for the cas...
SFH landlord and flipper here. I am jumping into Syndication with both feet - networking, educating myself and even attending the Syndication Seminar in Dallas the weekend of V-Day. My question is, for networking purp...
I am so happy that I didn't go through with that deal I had couple of weeks ago. I had a deal where I was going to be purchasing a property keeping the sellers existing mortgage in place, and calling it "Seller's fina...
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...
Hello,I am a new investor and I am looking to purchase a 4 unit multi-family in PA. I have two options to purchase this property, please let me know which option you would choose and why?1) Purchase the property with ...