Kevin Means
Partnering up with a friend
A friend of mine and I have recently discovered that we both are interested in rental properties and we both think it would be a good idea to partner our resources together in order to get things going for both of us....
William Wilson
1st property - LLC
Sorry if this is already a topic somewhere but I want to purchase my first rental property but do it under an LLC. I currently have an LLC in Oregon but its unrelated to real estate. My question is can I obtain my f...
KaSandra Shirley
Newbie from Indiana wondering if now is the time?
I have been reading Rich Dad Poor Dad and it really has got me thinking. I would love to start investing in real estate but my family has me convinced now is not the time and that I need to get out of debt first. I am...
Billy Rowe
Running the numbers
Ok here’s my question.
I’m running the numbers on a property that I’m interested in (for the first time by the way) Trying to get a Fair market value. Here’s what I’ve done thus far.
I pulled 10 proper...
Michael Donatucci
Previously undetected issues on cash only deal
Hi ll,I am closing on a cash only deal in a couple of weeks in a very hot market in Philadelphia. The property closed showings after 72 hours, and called for best and final within the next 24 hours. Knowing this I bro...
Hector Lewis
Lender will not approve purchase due to the price is too low
Hello,I found a multi family property that is under $100k. I am already approved for $130k. When I told my lender about the property, they stated they could not finance if it is under $100k.Does anyone have any sugg...
Matthew Stallone
Purchased our 1st place a little buyers anxiety with a couple ?'s
After doing some research and saving up for a little bit we decided to purchase our first place. We live on Long Island so it didn't make much sense to invest here. Taxes and properties are crazy high as well as not t...
Patrick Philip
What type of commercial RE is most recession proof?
From what I've been told, one of the main drawbacks of investing in commercial real estate is that it is hit harder by recessions than other RE types.What types of commercial are less risky? I would guess apartment co...
Cass Lowrie
What's the best way to tax shelter $250K in flip profits?
In 2019, I'll fix & flip 3 properties with a total of $250K+ of profit. I just set up a Self Directed IRA but it only has $24K in it. Can I invest just $24K from the IRA and then dump all $250K of profits back i...
Matthew Banks
Advice how to make handling security deposits easy
We have just 5 properties, but with turnover each year, it is very time-consuming to figure out security deposit refunds net of any deductions. We use a spreadsheet to track any deductions for issues caused by tenant ...