Account Closed
Pay in Full or Just 20% Down?
Hi All, I have a lump sum of money and am not sure if it's smarter to use it all to buy one rental property out right, or if I should buy a few properties by going through a bank and just putting 20% down. Which appro...
Alexander Forrester
What To Offer To Investors
My partner and I have found a deal that we would like to pursue. We are going to be pitching the property to some private investors. My question is what should we offer as the return rate on their investment? We are f...
Johnny Dlcrz
Do you need to transfer property to llc name?
Hi , I have two rentals I own right out. one is a house with land and the other is a mobile home on leased land in a very good location . I just created an llc for these properties per my accountants recommendation he...
George Glessner
LLC Structure and Insurance
Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
Matt Kitchen
Ohio New Member Inro
Hey everyone!My name is Matt and I am a 24 year old engineer living in Dayton, Ohio! Given that I am looking for a way to make my spare time constructive, build a side business, and want to invest, buying and holding ...
Yasmani Delgado
Whats is your take on the 50% rule when analyzing a property?
I see how this rule can be useful, but I think it can't be a deal breaker. One can make the argument that It is too conservative. It may only apply to home run investments. However, it may turn people off to nice i...
William Collins
What if you could get a no cash in deal?
A unique property in a nearby market where it is 2 separate houses with 3 units on 1 piece of land. So this would be an approximately $250,000 deal with no money in. 2 x 2br 1 ba units and 1x 4 brx 1ba house free sta...
Peter W.
Would you replace a furnace before it breaks?
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...
Maceo D.
Due on Sale Clause...LLC in Texas
Hello Everyone. I want to first start off with saying I am brand new here and new to investing. I did do a search for "Due on Sale Clause" and yielded 86 pages, so to be upfront, I really didn't want to read thro...
Austin Youmans
Battery Powered Tools
What does everybody like for battery powered tools?Looking to by a set soon so I am just looking into it. Ryobi is cheap and it seems like more tool options. I have a 12 volt drill that has been good to me, just under...