My wife is selling land titled in her name, we want to 1031 the proceeds into a multifamily and own it through an LLC for liability protection. We know the 1031 relinquished and replacement properties must be titled ...
Hi everyone,My wife and I started a direct mail campaign in July targeting absentee owners in Indianapolis. To date we have mailed 500 letters, some typed and some handwritten. Our response rates match what others h...
I am new to investing and planned to pay cash for a property needing repairs, rehab the property and then refinance to get most of my money back to do it again.
I just learned that I would need to own the home for 6...
Hi everyone! I'm a total newbie to this site and to real estate. I wanted to see if anyone can offer some advice.My friend's mom is selling her house and wants to let me flip it instead of someone she does not know. ...
I plan to send letters out within the next month and I wanted to know if I would be able to handle the phone calls if I sent out 50 letters a week. I've heard people say to expect a call-back % of anywhere from 2-8%, ...
I am in Ohio and obviously the market here has its biases, but we have done quite well while others ignore us for the sexier markets. Question for all you home flippers out there in other markets. What kind of margin...
I am currently in the process of applying for a HELOC. Today, I was given an appraisal of 145K on a house I bought for 135K 2 years ago. No one actually came to the house instead comps were done. With another lender ...
I've heard of plenty of different JV splits and set ups in other real estate spaces, but is that common in the STR space? A common thing, at least up here in Canada, is one person will put in the money, and the other ...
Hi, I’m in the process of selling my first flip and it’s been one thing after another with the buyers lender. The buyer has an FHA loan and I’m curious to know is there a difference in between FHA vs Conventional loan...
What jobs for someone in another industry would be most helpful for someone looking to become a real estate investor? Of course, I know the best answer is probably just become a real estate investor, but we are going...