I recently had a Letter Of Intent (LOI) accepted by a very motivated seller, who responded to one of my Direct Mail letters, and is willing to finance 100% of the purchase price. We were about to finalize the contr...
Good morning,My wife and I live in a 4-plex that we bought about 1 year ago. Our plan is to continue to purchase 4-plexes in the future. We bought the first one with an owner occupied FHA loan just in her name, and pl...
I recently listing at house in Richardson, TX FSBO and got a call from a rep at ListingSpark.comIt sounds very compelling and almost too good to be true. Since I'm out of state, listing FSBO seemed a little intimidat...
Hello All! I am a licensed Delaware Realtor with 25+ years experience as a Landlord/Property Manager managing my own personal rental investment portfolio. My husband and I moved to the Newark area two years ago and w...
This is something new to me... My house flip has been on the market for a new weeks now. My wife was browsing the local Facebook Marketplace page and found our exact house, using our exact photos, listed for rent by s...
Ok, I admit it. I listen to Dave Ramsey. Today he had a caller ask about REI. Here are some of his major issues:
1. Be Patient. Most beginners get all excited and think they are going to make a killing, but they ...
@ Llewelyn A. -You posted this on another thread:"Mike, Jay, like both of you, I buy based on Internal Rate of Return (IRR) Analysis, not on calculations that only tell you what the current year return gives you.I met...
Just won my auction and contracts are out. This is going to be a flip investment and I will be vesting title in my llc. I have never put property in LLC name is anything special required at closing to show I am the ...
Curious to understand some of the tax-related nuances with regard to taking a more passive approach through a syndication investment. Specifically, how this type of investment is typically treated for tax purposes (i....
Hello, a friend and I are starting a property management business very soon. We both have our real estate license and understand how important it is to have a great property management company looking over people’s as...