Peter Xiao
How is everyone feeling about rates?
Inflation has only dropped my .1% and Feds are ready to do whatever it takes to drop that. I have been hearing on the streets that interest rates could* go to 12%+. That would be pretty scary heading into a full on re...
Lori S.
Mortgage Loan Originator for Owner Financing
Hi,Thanks to the Dodd Frank Law my real estate investment strategy has really changed over the past year.I've moved away from seller financing but have been thinking about partnering with an individual mortgage loan o...
Brandon McCombs
tenant in jail before he can give me forwarding address
Hello,I have a tenant and rental unit in Ohio. My tenant moved out Nov 30 and said when I'm ready to return his security deposit he will give me a forwarding address at that time since he doesn't know where he will be...
Waylon Smith
How accurate is the 2% Rule?
Hello everyone! I am reading "The Ultimate Beginners Guide" right now. Question for everyone. It gives a quick definition of the 2% rule (the rent should equal approx. 2% of the purchase price). I know this is not int...
Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Phebia Philpot
Contractor stole $40K
Hi,I am just looking for advice as we are desperate on where to turn. A contractor we hired with a contract took out roughly an extra $40 K over budget(the bank let him have it). We tried to get him to work for months...
Annunciata R.
Quoted $18 - $45 per sf to build a New Home In LA
Hello BP,
I have advertised for lease on the shop window of one of my commercial units and yesterday I received a phone call from someone who told me that he has his own construction company so rehab s...
Natalie Mil
My first real estate buy; gone wrong
Last year I was in Miami on holiday and thought I might try my hand at real estate.
I'm Australian and I heard other people from Australia and Canada doing well in US property.
I bought a duplex in N...
Shital Thakkar
New Construction Multifamily / Apartment in Dallas
Hi,
I am planning multifamily / apartment construction in Dallas Metroplex.
Here is my planning, let me know your suggestions and recommendations...
Land : 2-3 acresLand Price: 200 - 300KUnits: 30Construction: Arou...
Jerry Callow
Keep or Sell?
Cross posting as I cannot edit the post in the other forumI'm relatively new here and have ventured into real estate investment over the last two years with two single-family homes (SFH). Here's a brief overview of my...