Seth Sutherland
Financing a House With Family Members (in an LLC)
I'm planning to buy a rental property with a family member this summer. She has the cash but no credit, and I have the credit but no cash. Of course we want to end with the property in an LLC, but I'm unsure of how to...
Krista Mikos
Major Roadblock: FINDING MOTIVATED SELLERS!
So...I've been told and have been hearing you have to work a million times harder than any other month during December. Well, to say the least, it has been a killer for me. I have sent hundreds of letters with literal...
Jerod Smith
Own 7 units, now what?
New to the site so be gentle with me... ;)I own: 3, 1 bedroom rentals that produce $1300/month and 2 duplexes that produce $2100/month. Positive cash flow is around $2130 (not factoring my personal mortgage of $755)....
David Moore
Low Profit Margin on Multi-Unit Properties?
I've been an investor in SFR exclusively, but this past summer, tried to enter the multi dwelling unit market. For each multi family I looked at, whether in a nice tree lined neighborhood in the suburb, or in the cit...
Mitch Villalva
New to REI, but not to business...
Hello BP,I am just here to post as a newer member who is like many interested in real estate in general. A little about myself as this is an introduction. My name is Mitch and I am one of those Americans who has done ...
Chris Melton
Virtual Wholesaling?
Hello BP, Does anyone have experience relating in this area? With technology increasing, this seems a wise way to go. ThanksChris,
Jeffery R.
I need some solid advice
Hello all!I am in need of some solid advice in my particular situation. Currently, I have my primary residence where I live (118k left on the loan, valued at 130k). I've liquidated my IRA and have around $30-35k that ...
Florina Villarde
Made an offer on a property and it was rejected
Hello,I wanted to ask for everyone's input in this situation: we made an offer on a bank-owned property and it was rejected. The offer wasn't super low and the property has been on the market for a while. Our thought ...
Mike Hoherchak
Your thoughts on a strategy to avoid double transfer tax in PA?
So I found a way to avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3. an option termination agreement instead of a purchase agreement with the seller. You act as ...
Jeffrey Townsend
Tenants not keeping up with yard maintenance
My lease does state tenants are responsible for yard maintenance. The tenants are not doing a good job of edging/ mowing the yard. I am trying to be nice but I keep receiving letters from the HOA. What is the best way...