Ellen Poth Alvarado
Why am I not getting any response on my wholesale deal in Spring, TX?
I'm new to wholesaling and I'm worried I got into a deal that I may not be able to wholesale. ARV = $285k, repairs are only paint & carpet (3200 sf house), rents are $2100 and I'm asking $236,500. (not a big pro...
Connie Stainbrook
Question on non-performing notes and foreclosure.
I have a couple of questions on the topic of non-performing notes. I have read that if I own a note that is not performing and I have foreclosed on the property. That I now have a choice to keep the property in my ...
Cameron K.
I don't see the benefit of an LLC - if liability is the issue....
I'm an owner of a 4-plex, I've had for 10 years now. It was a condo building, each unit having its own address and deed when we purchased. It's doing very well and one of the units is an Airbnb. My husband and I have ...
Keith Minton
Seller Financing, Taking back a 2nd Mortgage
HelloThis is my first time posting so be gentle haha.I am looking at buying a Duplex for 85K that will rent out for $1,500 conservatively. The seller is willing to finance 35K of it at 5% for 3 years. I can get a loan...
Matthew Byers
Need advice on buying home or real estate timing.
Greetings all, New to forums but have read a lot here due to an awesome community so keep it up folks.My question revolves around timing of buying a house vs buying real estate.Im currently living in OH and will be mo...
Jared K.
Purchased Building With No Record of Leases
Recently we purchased a 9 unit apartment building from the bank. The bank had very little documentation pertaining to the old leases for the current tenants. I didn't mind buying the property without the leases becau...
Chad Kirchner
Invest fast or slow?
I’ve run into analysis paralysis and I’m looking for help. My goal is to have passive income enough to leave my 9-5 ASAP. I have a plan where I could be financially independent in 3 months, or financially free 60k/yr ...
Eric M.
How accurate do you think your ARV's are?
Typically, by the time my flips are on the market, I am completely over it and ready to move on to whatever is next, so I never did much retrospective analysis. I know how much I made and generally what went wrong and...
Felix Krull
Does money down really make sense in the cash flow business?
I am asking this honest question as a newbie, and I hope I will get some honest replies. I don't know a whole lot about REI, so I hope someone will correct me where my thinking is wrong. I am interested in buying my f...
Terry Royce
Contract question
If you don't want to tie up someones propety, and an option agreement is not an option.
Can you have the seller sign a purchase agreement, and write in the agreement that the contract begins on date of latest signat...