Zach Henson
Debt payoff or invest
I just read a post by another member that made me really think. I am currently a senior in nursing school and work a part time job. I have around 20 grand in debt, but have the cash on the sideline to pay for it. I pl...
Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
Deborah Burian
Structure Multiple LLCs
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
Account Closed
Help my property taxes went up 52%
I bought a single family home last year in San Antonio Texas for approximately 105k the only thing I did to it was paint it inside and out plus clean the carpets. The tax appraisal for 2015 was $142,430. Now I get a l...
Taylor Forconi
Costs of Flipping a House
Hi everyone, I have been reading everything I can for a while now and I just had a quick question. I have been looking over the sticky on this forum about The REAL costs of flipping a house. Clearly all of these costs...
Darren Horrocks
Rooming Houses - Risk vs Reward?
I am curious to get some opinions on rooming houses. (A single house, rented per room /w shared kitchen/bath) Typically D or C occupants. Rented month to month. Apparently no vacancy in the property I'm looking at and...
Ryan Reddy
First Flip Property!!
I finally have my first flip property under contract closing later this week!! It's been four months since I officially started looking and after many tours and offers the hard work begins!! I have hired a GC to help ...
Nour Hatab
MF Buying vs Building?
Having spent my whole life as a salaried employee, No financial risks of any sort, time had come for me and the wife to retire. So I thought of getting in where the action is, yes, Real Estate. Having no idea where an...
Brian Gallagher
Attempting First BRRR
Good Evening,I recently sold my first property and am trying to rough out some numbers to execute a BRRR strategy with the proceeds. At this time, I am looking at two different multi-family properties in the Cleveland...
Mike Nelson
City liens on REO -How to deal with them?
Whats the best way to deal with code/maintenance liens from city municipalities that are recorded as liens on REO, you know the $250/day liens. Some of these REOs im looking at are vacant since 2011 and the lien was ...