Sergio P Ramos
New development pitch.
12 January 2025 | 20 replies
It forced me to reach out to developers, to engineers dozens of local builders and most important like minded individuals.
Brandon Morgan
is an LLC necessary?
16 January 2025 | 29 replies
However, I was talking to a DSCR loan officer about a property I was looking at and they told me that they would only lend to an entity like a LLC or corporation; they would not lend to me individually.
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation.
Daniel Medellin
Buying 1 acre and dividing it into multiple lots for long term rentals
4 January 2025 | 4 replies
I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home?
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
However, I have found trails of information on the internet and FHA-type websites indicating if you relocate due to work, that you are not bound by the 1-year rule once you begin at your new place of employment.
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
7 January 2025 | 5 replies
By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!
Jeffrey Farkas
2nd lien foreclosure
17 January 2025 | 5 replies
Generally if a first is going to be paid off from the second position foreclosure, then the first must be notified in the complaint and the language will not be indicative of the foreclosure being subject to the first.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
You're description indicates they DID NOT damage it as you describe the damage as "cracking" which is how door seals fail from normal use.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
And you now have to file three tax returns:- partnership tax return- your individual tax return reporting 1/2 of the partnership losses- your partner's individual tax return reporting their 1/2 of the partnership lossesAnd while partnership return can be DIY-ed, it probably should not be.
Ajit Singh
New Member - Serious Investor - ISO of a Mentor
6 January 2025 | 5 replies
There's some excellent relevant & recent material from very high quality individuals on this forum.