Da Shiek Woodard
Proper LLC Structure
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Patrick Reilley
Multi-family buying strategy for beginner
I am a new investor and have set a goal to buy my first property within the next 6 months. I have only a small amount of capital to put down as a down payment, so I looked at what other assets I have at my disposal...
Mike Landry
foreclosure stopped, now short sale....realtor ethics?
Here is the deal. I was the winning bidder at the February foreclosure auction. As I went to pay the trustee, a relator approached me and advised me that it is his clients house and that the client filed bankruptcy ...
Chris Miller
Cashout Refinance Subject TO
I Bought a house subject to 6 months ago. Closed at a title company I Have the deed I own the house I am looking to pay off the existing mortgage that is not mine. I am looking to do a cash out refinance. Can this sti...
Eli Sunderland
Minneapolis Market
Hey guys, I'm currently looking for my first property, most likely a SFH in the NW minneapolis suburbs. I plan on house-hacking it, renting it to some buddies from college. My question to all of you is: what are y...
Emil Pinlac
Is the 2% Rule a Myth for MFH in Sacramento, CA??
Hi All! For those who have chosen to set up roots and invest in the small, multi-family real estate space in Sacramento - have you been able to find any turnkey duplex/triplex/quadplexes that would fit the 2% rule? Th...
Mike S.
1% rule way more work and less profit?
Seems impossible to get 1% in booming cities like NY, Boston and San Francisco... in Boston you are lucky now to get 1/2%. Maybe with development you can get 3/4% but its hard. I often think about the places that get...
Account Closed
1% "Rule" Still Valid in Texas?
I am trying to do initial filtering with 1% rule or test in Texas and virtually nothing meets it. Anyone else discovering this as well.. how are you buying investment properties right now especially with current inter...
Blair Colsey
Best cities to find 1% (or more) rule
Hi All,I'm currently listening to @David Greene's book Long Distance Real Estate Investing on Audible (which is a great way to learn I might add) and I'm getting excited about buying some properties out of state. I cu...
Jonathan Perez
Just put an offer on duplex with tenants, how should I prepare?
I put in an offer on a duplex. And there are tenants on both sides. One of the tenants are being evicted. The other side is on a year lease....there is a property manager already in place which I may consider keeping....