Chris Bingham
Renting to a foreign exchange student
I had an HR coordinator from Home Depot contact me a few days ago. They have a foreign exchange guy working for them for a few months. He is looking for a place to live...just got into the state 5 days ago? What type ...
Daniel Saunders
How Do I Raise Capital?
Hi All,I currently have a hardmoney lender that has your typical rates but allows us to only put 10% down. With our current resources we can do about 4 flips at a time. The problem is that we lose other good deals whi...
Juan Rosado
[Calc Review] Help me analyze this deal
I am looking to buy my first deal (yay!) and I have until today to decide. Right now the property is in an ok neighborhood and its greatly under rent. All the houses close to it rent for $1300/month (3bed 2 bath). Thi...
Michael Plaks
Crypto warriors - beware!
The IRS is catching up. Quote from the official announcement below: "Virtual currency is an ongoing focus area for IRS Criminal Investigation."https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-curr...
Andrew Rushing
Actually liqudate my 401k?
Hey everyone, probably dumb question, but im actually interested in what everyone thinks... Im very new to all this. Dont own any properties, but have a goal set and have done a lot of research. I have 2 small 401ks (...
Adam Melon
Partnership formation tips
Looking to partner with someone to acquire rental properties. We're looking to create a holding company LLC in Delaware, and LLC in the state where we purchase property, that will be owned by the Delaware LLC. 1. Woul...
Blake Cormier
Newbie Questions: Househacking analysis and "The Rules"
Hi Everyone,I'm a more-or-less total newbie when it comes to real estate. I'm looking to chart a course for the next year or so that involves buying a duplex or triplex and occupying one of the units while renting out...
Andrew Greaves
Living almost rent free but not cash flow pos?
Hello all
My family and I hope to owner-occupy a duplex as a first home/gateway to REI. My problem is any duplex that is in an area we would live in will not generate positive cash flow for us while we liv...
Account Closed
Want to do a 203k loan but already have mortgage?!
I just purchased my first property that I’m living in right before covid hit in Indianapolis. I got a very good deal at 140k with comps at 200k-260k. I’ve put some sweat equity and about 3k into repairs. Some paint an...
Angel Nieves
Best way to withdrawal 401k
Hello, I want to withdrawal from my 401k to have ready for an investment opportunity.Has anyone taken a withdrawal from their 401k retirement account during this covid pandemic? Per the Care act- an individual can now...