Randy Glenn
Jumping into real estate
Hello,Been lurking around for a couple days, trying to not ask duplicate questions. But honestly I have so many...A couple partners and I are all going in together. We've narrowed down our markets to KC, Detroit, and ...
Michael Chase
Advice for Purchasing first Real Estate Investment Property
Good Evening everyone,
After months of research and years of thinking about investing in real estate, I'm ready to do my first deal. I have my preapproval in hand and am analyzing deals like a mad man.
Any advice f...
Gabe Goudreau
Planning For Unseen Expenses When Investing In Rental Properties
Hello,
I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...
Mike Hartzog
Doing Owner Financing Correctly
I am a mortgage note investor and end up with a fair number of non-performing notes. A percentage of these will turn in to REOs. I typically sell my REOs off-market for cash to investors or on-market in the conventi...
Charlotte Adams
Owned Duplex not legal. Opinions
Hello everyone. This is my first post and I'm looking forward to hearing any suggestions. My husband and I have owned a duplex in Peterborough Ontario for 5 years and recently it has come to light that it may be zone...
Jeff Arndt
Car buying advice NEED HELP!
I am a young investor and in the next year or two I will need a new car. I bought it in high school and it's running on it's last legs. So I run into a very interesting dilemma that has shown two very distinctive an...
Kyle Meyers
1099s
As I understand it, 1099s are required for anyone I pay $600 or more during the year for my rental property investing. I have a few questions about the exceptions though.
1. Do 1099s have to be sent to cities or coun...
Paul L
Duplex under contract
I've got my first deal underway. Monthly rent $1600 total for both units. ARV 130K. Picked it up for 62k, and it needs ~20K of rehab. We close in 1 month. I'm intending to do the interior painting myself so that shoul...
John Thedford
Private Or HML--What Could Go Wrong-And How To Qualify A Borrower
Hello all:I posted a couple weeks back about a recent HML I completed. There were several replies that I really enjoyed and I got different points of views, etc. One poster stated something to the effect "don't mistak...
Jim Goebel
Extremely Petty Neigbor during Renovation - what to do?!
So, wow.A neighbor next door, let's call her Jewel-EE - seems to be on a mission of sorts. That mission so far as I can tell is to be as silly and petty as she possibly can be during the process of us renovating the ...