Gary Hurst
Paying off vs Cash flow
My wife and I differ on this. She wants to pay off each house and I'd rather use our cash to purchase more property. Example She has 50K and can pay off two of our houses which will of course increase our cash f...
Dana N.
Hiring my children as an employee at my LLC
I read that I can hire my children to work at my home base business, which is an LLC. We live in NYC, but our LLC is filed in NC.
Question: If I hire my 11 year old as an employee to do of course reasonable work for...
Michael Vieira
Buying my first multi-family
Hello all, my credit score is around 700 and I plan on buying a multi-family when I graduate in 3 months and living in one of the units. I am looking around 2 places ( depending where I choose to work), Jersey City,...
Logan Turner
Deal makers guide by Ray Alcon
Anybody have a used copy that they would like to sell???
Looking to get educated in the multifamily area, reading a book by Berges now, but looking for something more in depth.
Also, anybody recommend any education...
Brian H.
Question about the Property Management expense for self-managed
Hey all!So I have been doing a lot of analysis lately on possible SFH in the area to buy and hold. I do not plan to pay someone to manage my properties anytime in the near or even somewhat distant future. When I tak...
Mike Hibbs
Pre-Auction Bid - Auction.com
Does anyone have experience with a 'Pre-Auction bid' on Auction.com?
Recently I place a 'pre-auction bid' on a home that has an opening bid of $40k, and Auction opens May 18th. I bid once and received an immediate m...
Aksel A.
To close on a 4 Units MFH is zoned as 3 Units?
Greetings everyone,Great and Bad news here:The Great: I got an offer accepted for a cute MFH in Wakefield, MA. It is a very desirable area and the cashflow perspectives are very interesting.The Bad: The property is li...
Gurjot Grewal
Update on: Seller wants me to waive inspection
They countered by accepting my original offer with inspection. I received the two previous inspections done and one shows a lot more work that needs to be done than the other. My concerns are: -Some of the electrical ...
Gurkaran Grewal
US Court Rejects DocuSign E-Signatures as method to provide Digit
An interesting case rose in the state of California this year regarding a bankruptcy lawyer who utilized DocuSign for many official legal documents. Paul Bains, the lawyer who leveraged DocuSign for bankruptcy petiti...
Evan Manship
Fishy Seller Finaincing
I am in the middle of acquiring a property for $25k here in Indianapolis. I originally offered $5k down, $500/month, and 5.55% interest (alliteration not intended). The seller's broker countered with $10k down with pa...