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I'm looking to buy a duplex to live in. I've been pursuing FHA loans because I'd like to put as little cash down as possible to have money for renovations, maintenance and improvements. However, the fees associated ...
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I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
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This is a copy of an email I sent to a beginning real estate investor last week. It’s just some random thoughts on real estate investment based on my 35 years in the business. During that time we have purchased over...
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Hi Everyone - I'm a new investor and my husband and I are looking at deals with a more seasoned investor in our area. We own a townhouse (investment, not primary) that has about $60k left on the loan and has appreciat...
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A Brief Introduction
I’m sure many of you can appreciate the blissful feeling of completing a deal. There is an unrivaled joy you feel from receiving the first rent check or when the funds from a flip/refinance final...
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Hi all-Similar to what so many have done before, I plan on using this forum post as step-by-step outline of the steps I take until I close my first few deals. First a little background on myself:I am a 26 year old guy...
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Okay BP...
Just talked to my first seller today. He owns a vacant property that needs a ton of work. After speaking with him he definitely seems eager to get rid of the property, he owes 3 years of back taxes on the...