Angela Holmes
Newbie with funds but no rental experience.
Hi everyone,This is my first post. I hope I am posting in the right place. I am a newbie to rental property ownership. I am fortunate enough to have a relative give me a substancial lump sum as a gift. She wants her h...
Jeremy Chaser
Do you have to essentially steal a property to make #s work?
I've been trying to purchase a rental property for the better part of a year now. It just seems like anything available on the market never works when I really look at the numbers. Here's an example of a current place...
Kenneth McKeown
Analyze this deal; any help appreciated!
Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...
Michael Sokolski
When should I start my LLC?
I'm just starting in REI and am trying to learn as much as I can now. I was wondering at what point should a beggining Real Estate investor create their business entity. I've decided on an LLC. I don't have any pro...
Juan Perez
Forming an LLC in Houston TX
Just a little lost on how to form a sole proprietorship LLC in Texas, wondering if someone knows the cost and some basic knowledge on how to start with this? New at investing and everyday seems I find something new an...
Karen S.
Anyone own pre-1978 property?
When I bought my property 6.5 years ago, I was a total newbie and pretty much did everything wrong. Bought when the market was still high (and interest was at 7.5%) and then shortly after, the bubble burst and my pro...
Greg Todrank
Anyone Ever waive inspection contingency?
I was in a multi offer situation on my most recent property. My realtor called with a suggestion that may move me ahead of the others — waive the inspection contingency.Spoiler alert: I did and have it under contrac...
Mike Mefferd
Apartment Deal Structure Advice
I have some friends, family and peers that would like to begin investing with me in apartment buildings. Looking for any advice on the best way to structure the deal. I want to make sure I get paid since I will be the...
Alan Wedemeyer
Invest in backyard(Socal) or go out of state?
My Wife and I would like to buy another property here in Ventura County CA near us but we are looking at 7-800K, maybe a little less if a fixer. Do we use all our cash to do something in our back yard which will appre...
Scott H.
Fear of being a landlord
I really buy into the whole building wealth through real estate philosophy, but I am not sure I have the personality to be a landlord. I worry about everything, the biggest being liability and being sued for some reas...