We are closing on a deal on a passive income property and wanted to know what are all the loopholes?- Property is in Memphis.- Property is worth 100k.- Plan on purchasing 15 properties.- 7% ROIWhat are the ad/disadvan...
What would you do in this scenario and why?If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit sco...
Hello,I’m interested in hearing from people who had portfolios during 2008. Some insight on what to expect, things to think about and general planning would be awesome. Who knows what’s going to happen and I would lik...
I am trying to purchase a portion of a commercial property that has a lien on the owner for $52k. I have a contract to purchase the parking lot (a small portion) on the property for $35k. The owner has no issue puttin...
Can anyone recommend an Attorney in Houston to form an LLC for Real Estate investing?Chris
Hello,We recently bought this 16 bedroom, 4 bathroom motel type room-in boarding house in a low income area in Syracuse. This motel has 16 private rooms, 4 shared bathrooms, 1 kitchen and living room. Currently there...
Looking for some advice.A prior tenant did some malicious damage to my property.I called police, they attended and the report said they were wearing body worn cameras. I wanted to use the camera footage as evidence in...
What specific tax benefits can high net worth individuals receive from building real estate on tribal land?
I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
I am looking to get together with other investors in the South Bend, Indiana area. (South Bend, Mishawaka, Elkhart, Goshen) I am a new investor and would love to network and share ideas with other local investors. If ...