So were selling our first live-in flip in 2 weeks, I've found another property to buy that is for sale by owner. I made the seller an offer and he has accepted, whats next? I'd like to get a purchase/sale agreement to...
Hi everyone. My name's Peter Kandra. I've been monitoring the forums here for a few weeks now and find a world of info available. I've been purchasing SFR in the Trenton, NJ area for almost 3 years now. I currentl...
so i just lost another contractor. as someone on here stated a few weeks ago, they are like a loaf of bread. they all have a shelf life. i tend to work with lots of insured, unlicensed contractors that of course can n...
Hi Everyone,
I just closed on my second property of the year. And I was wondering for the people with multiple rentals, how do you have them structures from a legal standpoint? Right now, the properties are just in m...
I am brand new to rei and my local area is very bad so we are looking out of state. We chose Atlanta, GA because we have a good friend who lives there who can help us in a pinch if necessary, and it seems to be a good...
So this is a total newbie question but how do you guys handle your reserves? On a rental that’s renting 1500 a month and saving 15% ($225, 5% capex, 5% maintenance, 5% vacancy) it just seems low to me. Am I just being...
Hello, just spoke to a reputable attorney in Minnesota about wholesaling real estate. He basically said that if I did a few deals and someone "told" on me to the commerce most likely I would get a fine. I'm writing ...
Finding a few properties that are OF, what questions would you ask from most important to less important. There are some properties I like that are advertised as owner financed and before I go in and make a fool, what...
Recently, I held a $35k 2nd against a house in East Palo Alto CA that had a $230k (+ over $20k arrears) 1st. I estimated the house to be worth somewhere in the low $300k's, Zillow has it today at $373k, eappraisal...
I already have my 1st investment property under an LLC owned by me and my wife, the property was purchased cash a few months ago. Is fully rehabbed and rented now with a nice cash flow.
My bank (BBT) initial...