I want to buy rental properties.. possibly an appartment complex or many small condos
Well this will depend on the location of the property you are planning to buy, in choosing a property to buy make sure that it has a good location for good locations may add up some value on the property as we all know as time pass by a real estate property increases value
As an investor I buy bank owned real estate and fix and rent in So Cal and I’m thinking of going to Vegas to do the same thing. Do you feel I’m doing the right thing?
I would recommend you to have an expert opinion on it. Dont just believe in others.
http://www.teresagordon.net/pages/REO-Coach.html
Here you’ll get the best advice. Good luck
As I am likely to loose my job soon, I may have to walk away from my home mortgage, in Las Vegas, NV. I am being told a Living Trust would protect me and my limited cash from the mortgage company.
I am seeking info., experiences, etc. on how to proceed.
Thanks in advance.
A Living Trust can NOT protect you from them if it is a REVOCABLE Living trust. (revocable meaning, can be amended) If assets were put in, it can be pulled out.
If you have an irrevocable trust, yes it can be protected. This means that assets cannot be taken out. Typically, living trusts are created as revocable since lives change so much. For example, parents get angry at children and want to change the distribution of assets.
To sum up, if you have a revocable living trust, no it will not protect you.
Hope i helped
For months, about a year now, having completed an ever going growing business plan, I have had no luck at finding an investor.
I have several real estate plans, from something as simple as flipping to a multi-million dollar company with extreme return on investment. I have the drive to complete and thrive if able to do so. I have no money of my own to invest living paycheck to paycheck, and need some assistance.
I’ve posted on craigslist, got nothing besides solicitations and scam artists. List myself on a variety of websites, contacted "supposed local angel investors", whom quite honestly, never really seemed to exist-probably more scammers.
Where would be a good place to find investor? Know any yourself-talk to me-won’t be disappointed!!!
Interested in learning more, my e-mail is steeletucker@ymail.com
THANKS YOU GUYS!!!
Sure, "great" biz plans are a dime in a dozen.
HOWEVER, don’t for one moment second guess the capacity I have put forth. Being only 17, my IQ frightens and inspires aged business proffessonals.
Banks are not an option, I can not obtain credit until I am 18. My banker, wishes she could fund me.
My ideas, though many can mimic them, are separate, and far beyond wnhat anyone one else has seen before, really!
The real estate market in Las Vegas is one of the worst in the country at this point.
Perhaps once the local market improves you will have more luck finding people interested in your ideas. All you can do until then is to keep looking for investors, just don’t get discouraged because you are receiving not valid responses.
