All Forum Posts by: Sergiu Spinu

Thank you Josh great article...I will defiantly use it in the future.....

Thank you guys for great advises

Keith if you can please send me please (net operating income sheet)My email is [EMAIL REMOVED] Thank you very much

Thank you Scott for quick replay

I bought this property for 22000$(foreclosure deal) after flipping the house Value is 82000$.

My goal is long term investment(Renting Out) for cash flow.

I think to sell this property and invest this money in other houses and so on....My dream is to have 50 houses:). I know will be hard but I'm only 25.....I thought to borrow money from the bank for next house but i don't now if they gonna lend me with my credit score(670) so this is my story....

Hello everyone

I have a property witch I'm renting out(800$)per month,the lease expire soon,after the lease expire i think to do some cosmetic work and sell it...witch i can buy 2-3 property.....

Do you think its a good idea or i should renew the lease>????thank you everyone for advice..

Hello Andrea

I'm from Europe i had there an apartment witch i sold it,and have bought here in USA my first house...

Sell the property overseas and when you transfer money from bank to bank do a few transactions with no more then 10.000$ per transaction.If you do so you do not have to fill up the tax form.If your amount will be more then 10000$ you have to show from where money came from....Thanks

I don't think you need LLC for first house.

In your situation buy from the bank is the best flip and sell.

Rich Dad Poor Dad excelent book also Think and Grow Rich by N. Hill.

As Don Hines says "check on your investment everyday/evening. "

That's the best time because you can see the progres made by workers during the day.

Thanks

Honda civic 2001 with 150000 miles and the second car: Ford econoline Van V8 with 205119 miles :))

Mark I'm 25 years old.Have two houses one for rent and one where i leave(both foreclosure deal)

If you can flip that the wonderful jump