Ryan Schwartz
Is broker charging too much commission?
Hi everyone. I'm wondering what your thoughts are... I have a friend who is an agent and his broker usually makes him charge 6% of sales price for a listing in CA. That's on the higher end of normal, as it seems mos...
Sarah Giffin
Hard money/private lenders that work with less than $50k loans?
Looking for hard money or private money lenders to provide a bridge loan for the purchase of a $45k rental property in SC while we get our funding in place. I will be taking a 401k loan to pay off the lender, but need...
Cory Eldredge
Georgia, Alabama, or Tennessee buy and hold
My wife and I currently have 3 rentals in our home state of Utah. We are looking to purchase our first out-of-state rental property in the next few months. We have looked at markets in Atlanta GA, Birmingham and Montg...
Marcus Johnson
Taxes, taxes and more taxes
So once again I'm looking at the proposed tax assessment of my South Minneapolis Duplex and for 2019 they have gone up once again, but this time 20%. I've owned the property since 2014 and the taxes have gone up from...
Russ Sandifer
IRA LLC as owner in MMLLC | % Ownership | Taxes | IRS Rules
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
Michael Doherty
Do ARM Scare ppl as it we go into a rising rate environment?
Hi all,Was recently offered a commercial mortgage with the following terms. Interest Rate: 5.75%Repayment Schedule: 20 yearsMaturity/Term: 5 yearsPrepayment penalty: 5,4,3,2,1Index Value FHLB plus a 2.5% margin. 20% d...
Ruthanne Thornton
Mobile home park Financing
I have found a 5 trailer mobile home park in Georgia. Its an hour from where I live. Seller is asking for $199,900. She will not seller finance or owner finance. She told me she is selling because she just bought apar...
Jason Malabute
YOU MUST STICK TO YOUR CRITERIA IN TODAY'S REAL ESTATE MARKET
The pandemic, inflation, and uncertainty has caused assets including real estate inflated.I feel like the sexy thing to do in 2021 is to be a real estate investor. Combine that with low interest rates and low inventor...
Mashika Johnson
I'm look to flip long distance!
Hey Everyone,
I need all the experienced flippers who have every flipped a house virtually or long distance front and center! I came up with the idea this morning that I wanted to venture into other markets to fix an...
Joe B.
Am I doing RE investing wrong? (or not as efficiently)
I currently own 1 SFH. Bought it in 2018, house hacked it, and now live with my girlfriend. That house now gives $700 month in positive cash flow. 4 years later however, I am still at that one unit. Now, I am ready to...