Marco G.
Effect of Large Schedule E Losses in 2019?
2019 has been a difficult year with multiple vacancies, extensive make ready costs, and lots of deferred maintenance being addressed. It looks like I will show a large loss this year, and I still have about $30k total...
Lesane T. Johnson
Flip Funding tips - first flip
I have worked with Rentals, and I have pretty deep experience with managing AirBnb units, but I have not yet done a flip. What are some tips to get financing for a flip? I approached a lender few years back, and had n...
Alexie Franck
Guidance on closing my 1st RE deal
Hi All, New investor here. I'm in attorney review for a 2 family. I want to close but I have a few concerns and they may seem trivial to a seasoned investor. Here are my concerns: - I paid $28k over asking - tenants i...
Mark Forest
Property manager programs
I did a search for property management software. These were helpful, but I am wondering what the latest current scoop is on this issue. What accounting and general programs are you all using for rental properties? ...
Jacob Lamar
How Auctions Work Generally
Hey I am new to the property auctions sector. My main question is how can I get around buying with all cash? But some general tips or what to expect would be appreciated.
Connor Williams
Contract with a friend for private funds
Hi, ill keep this short as im sure there are plenty of the same posts, as I have come across a few. I have a friend that's wanting to lend me 40k to put into a fix and flip..... What is the best way to draft a contr...
Jace Watts
Need Business Funding
Here's my situation.
My business partner and I are wanting to open a wedding venue. I have rough financial projections and a rough business plan. My financial projections put us well above a DSCR of 1. Including all...
Josh Auerbach
15 year mortgage + recast?
Hi All! My wife and I are in Vancouver, WA and are small time investors of SFRs and two Duplexes, totaling 10 units. I have decent W2 income and I plan to continue working for at least 5-10 years. With interest rat...
Mark Hu
Finding auctions for foreclosed residential income properties?
Thanks to Michelle Lenahan, I know the times and places of foreclosure auctions in Orange County, CA. But I've only witnessed auctions for houses and condos. Also in the papers I'm only seeing notices for homes and co...
Austin Unger
Seller Financed Foreclosure Legality
I got an interesting foreclosure lead yesterday that I could use some help with. The seller purchased the property in 2010 using seller financing for $155,000 and he put $1,000 down and $1,000 toward closing costs. Hi...