Tom Brennan
Foreclosure without bankruptcy?
I have a friend, going through a divorce, and wants to sell the house because it is underwater, with a mortgage and second mortgage that are approximately $50,000 less than current market value, plus about $20,000 nee...
Steven Scheibe
Tax treatment for demolition of building for investment purposes
Hi,I am looking for some tax guidance on my first ground up construction. In this scenario, say I acquired the property for $1M and the city tax assessor has it documented that my land is worth 900k and the building i...
Account Closed
Home owners lying about SF?
Hi everyone,
How do I find out a properties legit SF. I have possible prospects that I believe are lying dramatically about the SF of their homes in order to get a better deal. How can I find out the actually...
Tony Colquett
craigslist question
I have some ads running on craigslist and it seems like everyday I get a response from someone that seems unrelated to my ad (i.e. out of context). It seems like the responses are some sort of scam. I am just curiou...
Ryan Blake
Flipping Diaries: Week 1
Purpose of This Post: To continually update my grand re-entrance into house flipping. I will be making a lot of mistakes. I mean a ton. And I want to be able to learn from my mistakes by publicly sharing them and lear...
Frankie Corona
Business Structure
What is the best corporation to incorporate yourself in when investing in real estate? And why?
Bryan P.
Property Management?
Is property management a viable business? I know some realtors who do it on the side but nothing significant, I don't believe. Is it possible for somebody who has limited real estate experience (only owning a few pr...
Account Closed
Using HELOC works best when refinancing BRRRR
Hello everyone, When using the BRRRR strategy I always notice the refinance has many questions. A Home Equity Line of Credit seems to be the best option to use when refinancing a property using the BRRRR.
I took ou...
Tyler Ellis
Beginner Investor from Marysville, MI
Hello,I am Tyler. I'm 27 years old and I am a newbie to all of this. It all started about 6 months when I read a book that everyone had always talked about, but I never really gave much thought - Rich Dad Poor Dad. Wh...
Jeffrey Giffin
Cash flow analysis
I was hoping to pick everybody's brains on how they complete their cash flow analysis. I'm trying to figure out all of the expenses but I want to make sure I'm not forgetting anything. Thanks for the feedback!