All Forum Posts by: Tarun Sundriyal

Thanks @Jacob , @Manny Vasquez, @Joseph Palmiero, @Benjamin Aaker for your valuable insights and clarifying my doubt on same.

Hello There,

I with my friend is looking to purchase / place order for duplex with individual ownership. Just want to confirm if that is possible to begin with without going LLC route.

All I am looking to know whether it is possible or not, if so are their any implication like getting separate loans, individual tax filings, later selling them separately etc or terms associated with repairing common area etc (something like HOA if needed) that i should be keep in mind.

Thanks 

Thanks @Jonathan Styer

@Jonathan Styer@Jonathan Styer@Jonathan Styer

Thanks again for your precise pointers.

Hi BP Experts,

I was checking for one of the listing in market and found that though listing has 1.5 bath , however franklin county website shows only 1 bath in the plan.

Checking are there any implication associated with purchase of such property like legal actions at later point of time, getting it financed etc or this is completely common in Columbus / Ohio market.

Also out of curiosity what does it takes to register this .5 bath to Franklin county and can it be denied, if so what's the further actions associated with same.

Thanks

Tons of thanks @Remington Lyman, @Brandon Goldsmith @Will Barnardfor your valuable inputs & time. Every suggestion is really to the point and precise. I will definitely consider while making any investment plans around it. 

@Will Barnard

Hi BP Experts,

I am a novice who is willing to start my investment journey with North Columbus, probably new Albany area. I am looking for property having balance between cash flow and appreciation. 

Please suggest if investment in condo is good idea from long term perspective , as I hear in lot many places HOA have strict rental rules so worried that may require to sell investment in future in case rule changes. For same reason dilemma and biased towards single family so that it should not come under HOA. However in that case not sure how easy it is to rent out SFH in comparison to Condo / town house in the area.

Budget Roughly Mid 200K.

I am open towards any better expert suggestions!!

Thanks