Jack B.
Which High Yield Savings account for cash?
The cash pile (well digital that is) is adding up. Who here knows whether Barclays or Ally bank are a better way to go for high yield online savings account?Barclays is 1.85% per year and Ally is 1.8% for Ally bank. T...
Brennen McConnell
Is it normal for hard money lenders to charge points up front?
I am talking to a few different hard money lenders to close on some properties that we will be doing a BRRRR on, and one of them is offering very attractive terms with 100% financing of both the purchase price and reh...
Rodney Dixon
Turning vacant properties into money makers
My name is Rodney Dixon and I'm a novice real estate investor. I've been locating properties in my city Tampa, FL for a month now and have a list of vacant properties that I want to invest in and turn them into ren...
Jason Cotner
Hard Money Question
Hello all,
My wife and I are going to start our investing adventure here in the near future. I have been studying, and doing my research trying to lay a good foundation for us. I have our 5 yr plan outlined and I am...
Abigail J Steinert
Why do flippers not use their own money if they have it?
I keep hearing on the podcast that house flippers always tend to use other lenders, hard money, etc... Even in J Scott's book on Flipping Houses says that they use investors and don't really use their own money.What I...
Mysonne Johnson
Signing first contract
signing my 1st contract today with a realtor, should I included my legal name or business entity to protect myself even though i have the right clauses in tact?
Hunter Hughey
Property Management Company Valuation
I am wondering if anyone has had any experience with buying or selling or valuing a property management business. What are typical formulas for valuing the company, such as 3 times net profit, or 3 times gross revenu...
Michael Loftus
Strip Mall Deal Structure
I have an opportunity to purchase a small, corner strip mall with a laundromat. Several tenants have been in place for 10 plus yrs and the laundromat needs a retool which I would run. Question is:What's the best way t...
Besnik Kadriu
Business checking account
Where should I go open a business account for real estate properties? Big banks , local banks etc? Any recommendations? Thank you BPBesnik
Johann Jells
Liabilities of using personal VISA for LLC expenses, paid by LLC?
As I'm shopping for a new business credit card, I'm wondering if there's a legal or tax downside to using a personal card as a business card like we did before forming an LLC. Just use it only for business and pay it ...