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I found a duplex in my neighborhood that is selling for about 150K, fully rented out for 1300/month. Taxes are about 123/month. The tenants pays all utilities. I would be responsible for mowing/snow removal. An...
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Hey Everyone -
I'm excited to share some exciting news with you. This morning, in conjunction with Chris Clothier and the Memphis Invest team, we released an important study of real estate investors, their intention...
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I bought a 4 unit complex a few months ago, the previous owner had a strict non-smoking policy that was signed by each tenant. It basically states that smoking constitutes a breach of the lease and grounds for immedi...
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My lawyer has mentioned a setup where a holding company LLC leases the property to a management company LLC. There would probably need to be multiple holding companies--propably one per property, but only one manageme...
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Hello, I'm just starting out and doing research for my first OOS rental property. I am only familiar with conventional 30 year fixed rate loans as this is what I've used in the past for my primary residence.I've been...
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Hello everyone!
For all you seasoned folks on here, if you were just starting out and were going to try and find some mentors, how would you go about doing that?
I'd love to start some serious relationships with fol...
Hello,I am in the midst of a mortgage refinance and I am done with initial formalities, signing the initial disclosures and providing the documentation and so far happy with the terms and It can take 30-40 days to clo...
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Hi! First off, please forgive me for my level of tax ignorance. My friend asked me this question who is looking to get into REI and I honestly could not answer it. That's what BP is for :-).If I am grossing $2,000 ...
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Hey guys hope everyone had an awesome Thanksgiving! I wanted to ask, what were ways you guys explain your offers to the sellers..Lets say the number is in your head and you know where you need to be in order to profit...
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I desepartely need help. I completed one wholesale deal in the past year. It was my first and only. I think I was just lucky to get that deal done.
My problems-
1. I can't find buyers. I've been to my RE club t...