Dejahn Renrick
200k profit from my 1st flip, What now?
Hi everyone,So a little background: I'm 10 days away from selling my first real estate flip and looking at about a 150 -200k profit. The short version is I purchased a Single family ranch at auction using 100% hard ...
Yonia B.
HELP!!! Cash Flow Seems to Good to Be True! What Am I Missing
My partner and I have been reading a lot recently about how hard it is to buy a property in New Jersey that produces positive cash flow.
We made an offer that has been accepted on a property in Perth Amboy NJ and s...
Mary Jay
A tenant threatens to sue if I do return her security deposit
HI guys,I have an out of state property that Ive been renting out for one year.I asked the tenant to move out, when she moved out, there was lots of trash, some weird stuff on the walls, broke cabinets, smell of marij...
Brian H.
Flight crew / crashed housing
Accidentally posted this before in the mobile homes forum...so trying again.
Does anyone have any experience renting out houses as crash pads for flight crews? There's at least one large regional airline and a major...
Kenneth Dai
Out of state turnkey investing in Chicago
I got a bunch of questions about a property I purchased in Chicago through Profit from Rentals (PFR), so I thought I'd put down some of the facts here. I'll attempt to keep this as a running post, so folks who are cu...
Jeff S.
New retirement withdrawal rule could backfire in costly way
I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
Logan Ryan
POV - Why do you believe in real estate investing?
Please share your "Why?"
Here's mine: Personally, I believe in real estate investing because I don't believe in job security.
This has been my experience...I have worked since I was 15 years old, mostly for small b...
Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Aaron Christen
Transferr property into LLC
I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
Elizabeth L.
Finishing and legalizing a basement
Has anyone been successful at finishing a basement and turning it into a legal or illegal apartment to rent out as extra income?