Jonathan H.
What type of exit strategy for 1st time buyer, buy & hold?
Hello everyone.
I am hoping to soon purchase my first property.
It will most likely be a buy and hold.
I keep reading about 'knowing your exit strategies' but to be honest, I have no idea how to plan for this.
Basi...
Vincent Plant
Never Invested, want a rental, have cash, what next?
Never invested.... real estate licensed. I have about $30k in my pocket and I'm ready to jump on something. I have no idea where to start. Want to get some passive income. I know I need more capital so where should I ...
Ron Nawrocki
Are banks inadvertantly financing the recovery?
The government officials are taking credit for the great job they've done to get the economy crawling forward. Consumer spending and retail sales are up. But no one mentions where that money is coming from. It's not f...
Edwin E.
A mortgage Co asked me to sign an " Access to funds " form
A mortgage Co I'm dealing with asked me to sign the above mentioned form. That's new to me. It says " This letter is to certify that ............ has 100% access to our joint account #.... " In the past I have provi...
Muneef Alfadli
investing as LLC vs individual for first rental property
I have been in a paralysis by analysis with real estate for a long time now 3 years exactly looking at few deals and then backing out. I looked at turnkey properties then backed out. I looked at the local market which...
Lawrence Ratliff
Possibly looking for new buy and hold market
Hello Everyone,
I hope you are all finding success. I now have a few SFR long term rentals in south Dallas. I have them on 15 year loans, positive cash flow on each one (not much but I am in it for retirement incom...
Tim Czarkowski
How to be compensated for handeling rehab for partnership
I have someone who I am partnering with on flipping properties. We were easily able to come to an agreement on how to handle that. However my partner also wants to hold some of these properties long term. He would be ...
Michael Salama
Am I ready to start looking for my first deal?
I have been getting all my ducks in a row. I got my Real Estate License and found a Mentor. Read both of J. Scott’s books. Got a partner and a private money lender lined up. I believe I have found a GC I can trust. Am...
Won Park
Sell my first property to get cash to invest in other properties?
Hello. I need guidance on how I should go about my current situation. I currently own 2 condos (one is rented and the other I live in). In regards to my rented condo, I am getting about $400 in monthly cash flow and c...
Robin Croen
Better to put down 20%, or use some of that money for ADU?
TL;DR: Trying to buy in an expensive market. Should we put down a 20% deposit for our first home, or should we put down a smaller deposit and use the leftover cash to pay for an ADU that will generate supplemental inc...