Mike Terry
Help Evaluating a small multifamily
18 January 2025 | 12 replies
- Usually a 5 unit with a boiler means that all the units share the boiler heating system.Which specific utilities in which units are paid by tenants vs shared?
Patrick Braswell
Home Equity Loan vs. Refi on rental without existing mortgage?
19 January 2025 | 5 replies
There is currently not a mortgage on the property, but due to the s-corp ownership, refinancing is not going as easily as I'd hoped.
Erin Hill
share insurance?
19 January 2025 | 1 reply
Hello all.
We will be almost doubling our portfolio next month (81 doors total). We will be paying nearly $50,000/year in property insurance. Insurance doesn't cover anything anymore and we can almost just pay for a...
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
19 January 2025 | 9 replies
I had prior MHP ownership experience and all the homes were tenant owned and were about $150 below market.
Kathy Grossart
1031 exchange within an existing SDIRA
27 January 2025 | 5 replies
You can't do 1031 exchange for your share of the MF property.
Isaiah Cortez
Exploring the Ft. Lauderdale STR Market
21 January 2025 | 4 replies
Cash flow has been hampered by an increase in cost of ownership recently, specifically insurance.
Brittney Yang
How To Structure A Partnership For Duplex Investment
29 January 2025 | 7 replies
Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.
Elizabeth Clervil
Please share your experience as a wholesaler in Florida
6 January 2025 | 1 reply
Please share any helpful resources, your personal experiences, and what you have found to be valuable with every transaction.
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
The property is paid off so you have options.Based on what you’ve shared, you carrying the note sounds like a viable option.Have you considered seller financing?
Alpesh Parmar
Need HELOC for a property under LLC
29 January 2025 | 20 replies
@Stepan Furdei, please try Quorum FCU, where they tout ownership in an LLC is OK.