Curious to get other perspectives on this topic. I’ve been throwing around the idea of buying another primary residence (upgrading), but the current mortgage rate makes it a little tougher of a decision. Background:Yo...
I'm trying to buy a single family rental house in an area with 5 private colleges - lots of demand for student housing. Students will typically pay $450 to $500 monthly, per room - 12 month lease - parents actually si...
Hello all!
I have been a lurker on the forums here for quite a while so I thought I would finally introduce myself. I am 18 years old and currently attending the University of Texas at Austin. Over the next f...
What were William Nickerson's key strategies? Leverage and pyramiding.
http://www.youtube.com/watch?v=EzxrxiSFx50
I need some help on how to find the right people at the bank and how to present a compelling offer to purchase a NPN. We have done the financial analysis, tracked the foreclosure and bankruptcy processes, spoken with...
Hey everyone,I just recently bought a rehabbed property in KS, MO. my PM just informed me that someone is interested in renting the property. This individual just hit a jackpot and wants to pay the one year rent upfro...
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
Hello all,
I am interested in the topic of asset protection via an LLC. I am also interested in all of the tax benefits/advantages associated with claiming business expenses, so…. forming an LLC for a rental ...
Hey BP!! Closing on my first rental property, house hack, soon! I have a few questions about next steps. How should I introduce myself to the tenants? Should I send a letter, phone call, in person or all? What should ...
Hello, We bought a property in CA at a trustee sale with an existing senior lien under the previous owner's name. Now my title company and are having difficulty in obtaining payoff amount. By standard, the serve compa...