I've been a landlord for 10 years and have never had this problem and I'm trying to figure out the wisest way to handle it. I broke some of my own personal/professional rules, that is one of the reason that I'm in thi...
Hey guys!
Do you use the county assessor's statement or the property insurance's replacement cost as your COST BASIS for the building/structure of your property?
According to property assessor, the cost basis of the s...
I was just in the process of streamlining the painting process (when it comes anyway), so I started doing what J Scott does and gathering a list of paints I like. One question, to help me out, for you all is how many...
I am selling all 3 properties I have inherited with interested buyers for all. The value totals up to close to 800,000$. Me and my wife are creating our own llc to put it under and want to start investing but aren't q...
If we have learned anything it is, no one is special. The confines of sensible business even extend to oil "rich" markets. They broke the buyers of their oil. Now we try not to buy their product no matter how cheap it...
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
Hey, Started to gate tapes from different sellers recently and i noticed a few columns which i'm not sure how to interpret and what is their impact - Corporate Advances/Deferred Balance, can anyone shed some light? is...
Needing a little inspiration, feeling discouraged. It seems like a long process im trying to find out what would be best for me, LLC , marketing, deals and finding buyers. How is this going to come out for me. Going t...
Situation: I'm strongly considering leaving my full-time teaching job ($20/hr) to flip full time. I have savings to last for several months plus enough to cover a flip gone bad if necessary while I get my feet under m...
Ok, so first of all...
The Two Types of Full-Time Real Estate Investors
Generally speaking, there are two types of full-time real estate investors: the passive investor and the active investor. A passive investor ...