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Hello! I own a rental property (townhome) that I paid cash for from an inheritance three years ago. The property is in an LLC, and I am the sole owner of the LLC (I'm married); property value about $300K at this point...
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This is just our second rental property, but I'm having a hard time finding qualified tenants. Am I setting my standards too high?2000 sqft house, 3bds, 2.5 bath with a community pool, nice North Phoenix neighborhood...
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Good Afternoon BP! My name is TJ Plotkin, and I'm new to real estate investment. I'm learning more and more everyday on the site, so thank you all for your informative contributions. I'm in the Navy and currently l...
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How have you structured loans/financing with friends and family? I may have some family interested but I'm not sure how to structure a deal with them. Please provide any success stories and/or failures and any other c...
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Does anyone know a CA lender that will lend on a 2-4 unit property that will be owner occupied and that will use 1031 exchange funds as part of the down payment.
Thanks in advance!
Eugene
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@Ben Leybovich had a recent article regarding financial statements based off of Robert Kiyosaki's Cash Flow 101 game. He insisted everyone needs to have their own financial statement and play it in the game. (Its ...
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I am working with a number of first-time fix and flippers who are in the process of renovating their first property. What are some good tips to give them as they are interviewing contractors for their projects? What s...
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I am trying to finalize terms on a seller financed deal. The seller wants to do a 1031 exchange and has reservations about seller financing understandably so. I'm considering offering a large down payment(maybe 50%), ...
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Hello,
I was trying to come up with a clever headline....oh well. Anyway, I have a possible wholesale deal that appraised for $148k, needs $18k in work. Most rehabbers in my area would be happy with a $20k profit. If ...
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Hi everyone! My lender is about to prequalify me for $200-300k, and I target Texas, being living and working in California, LA, so an out-of-state investment. I have a suitable lender that can qualify me in any city o...