Did anyone else see this? You have got to be kidding me.
http://www.cnn.com/video/#/video/us/2009/01/30/griffin.mortgage.squatting.cnn
-Michael
If you had $1M, how would you invest it?Need Money to Live OnI think I would become a hard money lender. I could loan my money out at 12% interest and 3 Origination Points. In theory most HMLs are 6 month terms so i...
Hi All, I am a newbie RE investor and currently using /learning with a mentor to do my first RE investment. My budget is around 80-120K for my first investment and I have explored those markets below:
Cleveland OH...
We have a single family home that we have rented for past 2 years. At first cash flow was great. However the previous owner had a tax exemption so After 1st year it increased and taxes went up so much that our cash fl...
Hello!Looking to buy my first home! (buy and hold) I would like to give some (alot) details about my situation and ask some "what would you do" or "what do you think" questions. I just married in May 2014. My husband ...
Hi everyone!My name is Katie, and I'm from Morgantown, West Virginia. From the information I've gathered so far, I've decided to focus on rentals. While researching REI, I of course came across the BP podcast and thei...
IRS peeking into your income, Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!!
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...
In the process of evaluating 6+ unit multifamily properties, I've come to the conclusion that these properties are either EXTREMELY over priced, or my estimates for expenses are too aggressive. In many cases, I'm...
Great morning,
My wife and I are in the market for a STR in the Florida area. We currently live in our primary in CT and considered going the DSCR route but given our zero experience, we were told that wouldn't be a ...
Hello, I currently have a portfolio of 7 properties (mixed SFHs, duplex, triplex, quad), owned free and clear, each held by separate LLCs (formed Jan 2016). The problem I am running into is that most of the tradition...