Hello y'all, new to the forum,
For all of you wise and well-informed real estate investors out there, I have a situation which could use some advice...
a little background:
I am 32. I work in the trades (contractor...
I have recently been learning about infinite banking via whole life insurance loan. Is it a great place to start to get funding for my first deal? Any things I need to watch out for or words of advice for that method?
Landlord and property manager: I’ve been there
When I’m in need of some amusement, I’ll occasionally browse through real estate investing forums to see what’s being discussed. I often will leave with a sort of pitifu...
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
I want to quickly start out with just a fast background, discovered Poor Dad, Rich Dad end of 2019, immediately hooked and mind set changed + blown of the opportunities in REI. Dived super deep into the research of ho...
I've got a decent amount saved up, and I'm accredited. In the market I've been looking, the CoC on turnkey (through agent, not company) is only about 6-7%. Cashflow with loan is maybe $150/door. Is it worth doing o...
Are STRP owners in TN shutting down their cabins under the governors new order? For those who haven't heard, the order is basically telling everyone not doing non-essential activities to stay home to get covid -19 sp...
How can I get started in medium multi-family without a track record? I am thinking the 16-20 unit range. Obviously need about ~75% loan from the bank and would need significant money from a partner for the down paymen...
I was told by one Guru that there is no seasoning requirement for investors who buy HUD properties; that you could "double close" and sell it to another wholesaler the same day.Then, a Realtor told me he and the Inves...
I am new to wholesaling. I just read a thread reference assigning a purchase contract from a REO. Am I correct that the only legal way to do an assignment is via a double closing? Thanks!