We have all seen and read opinions on what people just starting in real estate investing should do in terms of creating a LLC to own and operate each property. Most of what I have read speaks to the opinions for youn...
As a Florida Mortgage Broker for a long time now and like other Mortgage Brokers who've been in the business since the 90s, I've been involved directly or indirectly, on many thousands of purchases deals.In this selle...
Here we are finally done with my first rehab. I started back around the middle of August and 3 months and one massive act of vandalism later we are at the finish line! Please feel free to ask questions and make c...
Hey BP! In 2017, so far I have run into about eight wholesalers who were:-Marketing properties they did not have under contract-Daisy-chaining deals 3 and 4 deep-Marking properties up 200 or more percent-Dealing with ...
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
When analyzing a deal, how much cash flow per unit do you aim for? I am specifically thinking not just after expenses, vacancies, amd repairs but also after any mortgage. Does this differ for you if you are analyzing...
The entire country has just spent the past decade enjoying one of the longest bull markets of our time.
Financing has been readily available, there have been an abundance of Buyers available for just about any asset ...
I just finished Scott Trench's book "Set for Life" and let me start by saying it is a awesome read and I fully recommend it to anyone and everyone.In the book Scott bashes on typical retirement plans such as roth IRAs...
I'm a little confused about the term "subject to" when it comes to non performing 2nd mortgage workouts.
I've been learning about various workout scenarios possible with non performing 2nd mortgage's and I se...
Hello friends,
I am currently under contract with my first STR in northern Michigan. The location we chose will be a 4 season rental (skiing, snowmobiling, boating, fishing, golfing) with lake/dock access. Our offer ...