Colin Youn
How to Structure the Partnership
A friend of mine from overseas is interested in investing in real estate in my local market. He would provide 100% of the financing (through his bank at a low interest rate) and I would provide the oversight and coor...
Missy H.
Should I accommodate an air conditioner
I just bought a duplex rental property in Albany, NY. It is an older house - early 1900's. The previous owners had a PM company managing the house, but nothing was ever updated and any repairs were just a band-aid. ...
Shaun R.
Paying off personal residence
The only benefit that I've heard from people of carrying a mortgage on your personal residence is the tax benefit. Maybe it's because my interest rate is so low, but I don't have enough deductions (including my mortg...
Carlos Arroyo
Investing out of State
Hi my name is Carlos I am looking to invest out of state but dont know how to start. I currently own 3 properties in San Diego I'm looking to invest with either equity from one of my rental properties or hard/private ...
Austin Murphy
Sell an overpriced house that is finally cash flowing?
My nightmare entry into REI: I bought a personal house in a St Louis suburb with a friend (never ever do this btw) at the housing peak and then couldn't sell it when I had to relocate due to a military PCS. I bought ...
Andrew Luong
[Flip Discussion] Missing Appraisal
Hey All -Interested to chat this topic over a bit.I've recently flipped a home with the contract price coming in at $269k. Additionally, this was off of multiple offers from qualified buyers.With that said, the home ...
Alex Ferraro
House Hack - Umbrella Insurance
I'm closing on my first househack in late January and have been struggling with the decision of what kind of insurance to get. I know there have been discussion on umbrella policies, but none quite answered my specifi...
John Mireles
Walking Away from an SBA Loan?
Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?
How about a short sale? How was that handled?...
James Masotti
Do you invest solo and with partners? I have some questions.
Hey there BP - Hoping to get some advice and insight from your collective wisdom. I've acquired a few properties now using a private lender. We were discussing that in the next couple of years that we'd like to look a...
Torin Perret
Should I form an LLC?
Hi, I'm a home owner and am looking into potentially buying rental properties down the road. Is it advised to do this through an LLC or other legal entity to protect myself from liability?