Jay Krietzman
Keeping your cards close to your chest.
As a new person to REI and this Community this may come off as a stupid question but I have to ask to gauge the response. When posting details on here of potential deals and such my assumption is to keep the details p...
Jeff Minser
Buyer participate in 1031?
Came across a duplex I’m about to run numbers on. In the description “owners may want buyer to participate in a 1031”. I’ve only heard of a 1031 but have not done one. How does a “buyer”partake in a 1031?
Amy A.
EDR Collateral Screen problem with loan
I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...
Chris Svendsen
How to Title the Deed on first property
Wife and I are getting close to finalizing our first purchase on a single family investment property and title company want to know how we would like to title the deed. I never even thought about this and wanted to s...
Joshua Raef
Getting started in TX!
Hey y'all,First post! Was hoping to get your perspective on how I should start. Like many on here, I've been consuming all sorts of great books, articles, and BP podcasts. I am ready to take action and have narrowe...
Robert Beickert
Charged $4.95 for Hard money proof of funds letter.
I have a lender who is requiring me to give them my cc or debit card Info to charge $4.95 for a proof of funds letter. Is this a red flag or the norm for hard money? I've never gotten a hard money or private loan befo...
Jason Dillard
Non-recourse Debt and Tax Shelter
I have a new CPA that is struggling to allow me to use the tax shelter from owning properties that have "Unqualified" debt. Maybe a partner signed for the bank debt or I took a property subject to that disqualified ...
Berron J.
Mid Term Property Manager
Im looking for recommendation for Mid Term Property managers within the Phoenix area.
Ken Wang
25k & 100k investment?
For savvy RE investors, I wonder if you have 50k what will you invest in montgomery county/Howard county? If you have 150k, what your investment will be? I am eager to learn from experienced investor, how will you inv...
Troy Sabin
Should I be hesitant to give Corporate Housing long-term leases?
Hi. I recently acquired a townhome in Asheville, NC that I'm operating as a furnished mid-term rental. I have been contacted by multiple corporate housing companies that would like to secure long-term leases and then ...