Are there any advantages of using an attorney when setting up an LLC for a rental property in Nebraska? My attorney charges close to $1,000 to form an LLC and I know I can do it on my own for much less. What are the a...
Hi all,I'm curious to get your thoughts on whether you think a 15 or 30 year mortgage is the right way to go for a buy + rent out strategy? Suppose my goal is not necessarily cash flow (say I have a full time job tha...
We recently received a call from our direct mail campaign. Seller is motivated and owns the property free and clear. The property is 3/2 1500sqft. home in a A-B class area built in 1972. The property is worth 170-1...
I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...
There are SOME downsides to being a "young buck" in the real estate game. Being a 23 year old I find it very difficult to aquire any funding for rehabs or any type of deal for that matter. I have no property for col...
So I have a lead on a mobile home park. The owner called me after my first mail campaign to him. Our conversation was a little odd because he said he didn't want to sell the park, he only wants to do a 1031 exchange b...
Hi all,I am new to the REI market and wanted to get some insight on how to maneuver through the seemingly treacherous landscape of real estate.I have access to 50-100k, and instead of putting it into a CD (collecting ...
I am new to the investing field and my brother is my partner. He currently lives in the Detroit, MI area. This city has of course filed bankruptcy recently and has a lot of not so pretty neighborhoods. However t...
Hello! I am interested in owning rental properties in the Bay Area and Stockton areas of California. I live in San Francisco and have a goal of owning my own home (SFH or multifamily) in San Francisco, Oakland, or nea...
Hi all,I am a first time investor looking to buy and hold in C, D neighborhoods. Am I crazy??I have very limited capital to start (<$15k) but want to buy a 3+ unit multi family in Detroit, Flint, Toledo, or Clevel...