James Homes
Help - Can't Sell - Am I missing something?
I have a mobile home in a 55+ community in a great location only 8 minutes to the beach.
It is an older mobile but that is only the frame. Being a master carpenter when we purchased the home I completely gutted it to...
Ross Bowman
Peak of the market: gurus everywhere
Something I remember reading in Josh Dorkin's book, about economic cycles, is that one sign you're in the Peak Phase of a real estate market is that there are real estate gurus everywhere.I can't stop seeing this now....
Brian Crowe
Tenants didn't pay their utilities, now properties liened.
I recently purchased 5 duplexes in Tampa, FL. All leases state clearly tenants pay all their own utilities. (these leases where in place when we purchased) Seller confirmed tenants pay all their own utilities. All sep...
Bill B.
Broader View
Hello,
I just received some very good and fast help from Marco Santarelli. Based on his help, I'm backing up to see the bigger picture that I may have missed. I know that there will be many differing views on this q...
Ronald Thompson
Attorney in Virginia to LLC for Self Directed IRA
I know there are Self Directed IRA Custodians that can help set up a LLC for checkbook control, but I would rather deal with a local attorney, if possible.I live in Yorktown, VA. So the Peninsula or Norfolk/Virginia ...
Luke Shaw
BRRR - Does it work with single Chicago condo units?
Hi BP,I'm a young professional ready to buy my first piece of property in Chicago. I don't have the funds to buy an entire 2 flat or 3 flat (yet), but I COULD buy just one condo unit if I found the right one. My quest...
Paul Jones
How do you pull off the cash out refi in Texas or finance multiple rentals with TX50A6 statute?
I am a newbie, but I have one free and clear rental SFH with excellent cash flow. I wanted to do a cash out refi of about 50% LTV to get the next one or two, but was told by my banker, "can't do it." He said no b...
Shaun M.
What's the coolest thing you've found in a property?
I was cleaning out the basement of one of our rentals...
I saw something stuck in a corner behind a bolted on rack of shelves. I couldn't quite get to it and had to unbolt the whole unit from the wall. Worth it.
Unc...
Fred Stevenson
what to do after you've used up your ten fannie and freddy loans?
So for those investors that have accumulated 20 + homes, I'm curious how you continued to get your financing after you used up your ten personal loans. Did you start using commercial loans to buy your properties afte...
Jill F.
The police just called... my 25 year old tenant died (overdosed)
I can't imagine calling his poor parents... he was found by a friend that told police he was staying with tenant (without my knowledge). The police/coroner had taken his body out before they called me.I feel just terr...