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I understand that creating a fund is expensive (mid 5 figures) and subject to SEC regulation. What are the issues beyond that? An experienced investor started to tell us at the last REIA about how there is significant...
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I'm looking for info on Double Closing REO cash transactions in Los Angeles. I'm active in FL but would like advice for CA law. Anyone know Title co. that will do Doubles in the L.A. area?
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Hello, what are the biggest adjustments you had to make to your business when reaching 20 SFR? I am currently at 9 units and usually add 1 property at a time. I am hoping to reach about 12 units in the next 6 months a...
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WIth 100K cash and 6 months to focus on success, what aspect of real estate would you choose to concentrate on and what would be your game plan for building wealth?
The money in question is my savings and I have sepa...
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I know the issue of LLC's has been beaten to death around here, but I am having trouble finding the answers to some of my concerns. I am about to purchase my first rental property in my own name which I plan to manage...
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My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...
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A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...
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I am remodling a townhome I inherited and am looking for property management, since my mom's manager just retired. I found a company that will manage it for 7%. However, when I told the remodling guy that someone migh...
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Hey BPers!So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age. For instance, the seller has already agreed to credit the cost of rewiring the ho...
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Hello BP,In order to gain greater buying power (sooner) I was wondering if it's legal or if anyone here has ever combined their spouses 401k to use in a self directed 401k trust to purchase real estate property.I unde...