These are fatal errors. An investor who chronically makes these mistakes will not long be an investor.
The common mistakes made by experienced investors are a bit more subtle, but are perhaps even more damaging becau...
Me and my wife have set up an LLC, and while applying for the EIN I was prompted to switch to a multi member LLC. Being that it's just me and my wife, should this be an option for us or should we run it as a single me...
Hello guys,As some of you know I'm not a normal RE Investor. I invest strictly for cash flow and buy CHEAP homes all the time. This is currently my cheapest one, but I'm hoping to get the next one even cheaper. Alread...
Here is a deal I see and can't figure out whether to flip it or not, is it too risky? Assuming the numbers are all correct.1. The house is located in an A+ area, best schools, after repair value / neighbor price is ar...
Hello. I want to start to syndicate and I have several family and friends who are interested in investing in me. I also hear many times on the podcasts that people go to friends and family to raise money on their earl...
If a property is purchased using a Self-Directed IRA, and is retained as rental property, can that property be financed out of the IRA into the company/owner's name with payback of the funds drawn on the IRA? What ru...
Hello,I have been working on a investment plan and would like some guidance. I want to purchase a property with cash from a IRA and put the IRA and myself as percentage owner on title. I spoke with the self directed I...
Here is my situation in a nutshell.... Married with 2 kids. I am a Firefighter/Paramedic and my wife works for a family business. I am 32 years old and I am wanting to start investing in buy and hold real estate. My...
To answer this question, I think my age (62) should be taken into account, as the benefits might not be as great for someone my age.I own half a house with another investor. I have the opportunity to buy him out. We'v...
I'm in the middle of my first flip in Texas and I've decided to wait until it was done before I jump to the next one. It's about a $100k rehab and so far is going well. I have been analyzing deals that have been sen...