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Hello all,
I am currently the owner of 2 duplexes, 1 conversion and 1 side-by-side. The conversion was purchased using a down payment of 20% and cash flows $525/m. The side-by-side was purchased 100% LTV (zero percen...
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Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
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I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
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i just bought a house in HOA foreclosure and it has a first lien mortgage on it, if i pay off the mortgage and previous owner claim the house in redemption period does he have to give me back the mortgage pay off amou...
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A couple of notes about the Arizona Yavapai county tax lien sale completed yesterday. Looking at the preliminary results Prelim only because investors have to pay the balance by 5 PM MT time tonight. If they don't ...
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Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
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Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
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I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...
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i'm looking for some ideas on how to use $1M cash to get 150-200k income annually? I'm open for out of the state investments as well and any good advisors that I can work with.
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I'm an experienced RE investor in AZ and have only invested in my region thus far. I've been approached by an asset manager I've used to get incredible 50% ARV deals for the past few years with a small Chicago pack...