Patrick Howell
1st Meeting With Banker
Hello All,
I'm about to have my first formal sit down with my local banker.... I would like to get some feedback on my "planned request".
I currently have one rental property that is debt free that rents for $500....
Eric Tomlinson
Sold a House w/ Mechanic's Lien
So I obviously hired the wrong GC on a flip.
I learned a lot from a bad experience but the saga still goes on. I had the cabinet guy come by one day when I was there and said he wanted to be paid. I didn't know him ...
Ryan Pederson
Getting my financial ducks in a row - need your advice
Before I even start investing, I have some areas of my financial situation that I'd like to get some perspective on. Thanks in advance for the feedback!
1. Existing 401k/Employee Stock Purchase Contributions - For a...
Sharad M.
Create a reserve?
Hello all,
The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.
One...
Andrew Urban
Help me find a solution or give opinions :)
Hello,
I have been a member for a while and have read a number of post which some what relate to my situation, but I wanted to ask for some more advice. I looking to purchase a single family, un-owner occ...
Nicholas Kitchen
HUD-1 Statement Help Please
Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...
Matt Lea
Wisconsin Tech Entrepreneur Diversifying Into Real Estate
Hello,My name is Matt Lea. I am an experienced tech entrepreneur born and raised in Wisconsin looking to diversify my investments and get into real estate. I am also a writer at http://shiporgetoffthepot.com. You can ...
Bill Pate
Buy Multi-Family with Cash out refi
Hi,So I am looking at purchasing a triplex. For some background I already own 7 rentals and have had them for 12 years. The tripex is in an A neighborhood with really good schools. There is a single bedroom, two be...
James Scott
Starting a Partnership
Quick recap of my current/first deal: I am buying a duplex with my contractor/family friend. He brought the deal to me on this occasion, before this he was just inspecting and giving quotes on properties I was analyzi...
Catherine Becker
How to get Lien Payoffs
I have a house in escrow that is an estate that is heading towards a foreclosure auction because there are multiple liens against the property including federal and state tax liens. The primary mortgage holder agreed ...