Jim Spatzenfeld
Am I allowed to evict after I close on purchase in California
I'm under contract for a duplex in California that I am purchasing under an LLC. As far as I understand, an LLC that owns a duplex in California cannot evict a tenant except for a "good cause" eviction for things like...
Alex T.
When to pay taxes on a flip property
Hi Everyone - I'm looking for some advice on how to report my 2017 taxes as it relates to rehabbing expenses.I just finished renovating a single-family house that I purchased at the end of July 2017. I own the propert...
Bill Baldwin
Six months mortgage reserves required?
Hey all - question on necessary reserves when applying for a loan through a US bank. I'm currently working on closing my second US property, first time financing through a bank. They just mentioned that I need to show...
Brahan Gamarra
Mobile Home Park in TN
Hey everyone,
I have become obsessed with Mobile Home Park Investing. I continue to learn daily more about Parks and tracking down MHP owners to see if they would be interested in selling their Parks.
I came across...
David Olson
First Flip in Katy TX
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $76,000
Cash invested: $180,000
Sale price: $208,000
First fix and flip project was a flooded home in Katy TX. ...
Dominik Gajor
Analysis help of a deal from auction website
I've been following the forums and listening to podcast for some time now. I slowly want to apply theory of what I've learned into an action. Please forgive me if some of those questions might be hectic or not in orde...
Kab Blackmon
How many units does it take to replace 135k annual salary job
Looking for some serious guidance. I have never considered real estate investing until a family member got into real estate. I have the real estate BUG now !!! I am not starting from scratch but can't help but wonder ...
Jake Hartman
What would you do? Investing on Maui with another partner......
I will try to condense this down to a simple scenario for anyone that may want to offer an opinion.A good friend and his wife and my wife and myself plan on buying on Maui in the next few years. We all plan on moving...
Dave Blackman
BRRRR confusion on equity refinance portion
Hi everyone -- I'm two SFH's in on my REI journey and looking for more! Want to do some BRRRR but am a little confused on how the numbers work. Will this strategy not work when purchasing a property conventionally (...
Carl Dunn
Cash Purchase of a Freddie Mac Foreclosure using 70% ARV
Hey guys I am new to real estate investing. I want to know if I can purchase a foreclosed home with cash using the 70%ARV and subtracting the rehab cost in my offer. The home is a Freddie Mac owned property and it has...