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3 November 2024 | 2 replies
Use recouped down payment and closing costs on a single family primary residence that is similar value of the mfu so the numbers work with a 3.5% FHA (BRRRR)8. rent out other mfu unit for positive cash flow and move into primary residence9.
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6 November 2024 | 12 replies
Condos have a lower price entry point, but many are facing insurance assessments due to rising insurance costs, so that has to be reviewed carefully, but single family homes are seeing the same rate pressure unless very new construction.
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3 November 2024 | 3 replies
Chandler doesn't have much inventory in the way of 2-4-plexes as that area is a suburb of Phoenix and is almost exclusively single family residences,with apartment complexes sprinkled throughout the area.
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5 November 2024 | 9 replies
I'd recommend sitting down daily and writing down every single action steps that will help you get closer to your goal and mark each one off as you go.
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2 November 2024 | 6 replies
AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment trust, a corporation, or a limited liability company in which at least one member is a corporation and (2) the owner provides the tenant with a written notice of the exemption"The part that is confusing is "...a corporation, or a limited liability company in which at least one member is a corporation."
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2 November 2024 | 2 replies
I’m going to lend to a few people I know with LLC ‘s on some mortgages and receive interest , I am not putting myself out to public lending just some commercial loans as LLC single member pass through , do I have to pay local taxes in Florida , I have no brick and mortar , no employees , just LLC in Florida and live in Texas , there is no work involved I just receive interest .
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6 November 2024 | 34 replies
This environment supports everything from single-family rentals to multifamily developments.
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2 November 2024 | 11 replies
Currently, I own a single-family home that serves as my primary residence.
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3 November 2024 | 4 replies
HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.)
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30 October 2024 | 1 reply
Investment Info:
Single-family residence buy & hold investment in Fargo.
Purchase price: $190,000
1031 exchange property, hybrid STR/MTR, fully furnished