Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.
Charlie Loomis
From Master Metered to Indivdual
19 January 2025 | 6 replies
Make sure to get legal advice on what you can and can’t do for bill back and what kind of notice period is required in your state.
Cristen Marcotte
DO NOT USE STEADILY INSURANCE
19 January 2025 | 15 replies
They/you can't choose the carrier - their software assigns it.Fortegra is one of the carriers (paper in insurance parlance) that their product is written on.That said, Fortegra is A- rated I believe by AM Best so that isn't the issue.I'm going to take a guess and say that your umbrella is written with PersonalUmbrella.com (Markel) and they require all underlying insurance to be A-rated but also with an admitted carrier.
Grant Shipman
How Co-Living Can Help You Get Started Earlier, Faster, & Better!
31 January 2025 | 2 replies
Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.
Nevin Wilkie
Where to find Owner Phone Number for Run Down or Abandon Properties?
21 January 2025 | 8 replies
Our company requires first/last name and a mailing address for the owner.
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.
Devin James
Unnecessary Limits on Housing Development
1 February 2025 | 8 replies
In Oregon for instance unless your doing a PUD open space cannot be required and you MUST create lots to specified zoning density.. in other words if your zoned 5k sq ft lots U cant ask for 7500 sq ft lots you must be within 10% of the base zoning.
Denise Evans
Tenant Estoppel Letters
27 January 2025 | 1 reply
All buyers and sellers of rental real estate should require Tenant Estoppel Letters in their contracts.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
Time CommitmentJoining a coaching program requires both time and effort.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
In rural Idaho, it is much the same way. the counties have minimum requirements and if you keep things on the up and up, it should be fine.Now, in a historical district, that is a different animal all together.