Looking to buy a house in Berkeley, CA. and have a quick question regarding the property title & assessor records. 

Zero tax state, no insurance or property tax issues like FL and TX. 

If you ever want to exchange ideas or discuss what types of properties you are looking for, I’d be happy to connect.Also, it’s fantastic that you enjoy bodybuilding and working on cars—strength training and cars are big passions of mine, too.

If you operate the vacation rental as a short term rental, you will be able to take advantage of taking any losses you have on the property against your ordinary income.

One other thought is ask your lawyer that you are using to close on the property - he/she may be able to give you a template of something they use.

Generally, if you purchase a property in the name of an LLC, you may end up with less favorable lending terms.

Unfortunately, North Jersey is probably one of the hardest BRRRR markets in the country right now because of extremely low inventory, high demand, and pushed up prices because single-family home buyers are buying the properties that we all used to buy to fix up because they are desperate.You can BRRRR, carefully, into many parts of Pennsylvania though but remember that interest rates right now make it very hard to BRRRR.

If that isn't paid, it is a defacto lien on the property.

The notes are all on commercial properties (office, warehouse, shopping center, mixed use or sometimes multifamily)The properties are either vacant or occupied by tenants, not owner occupiedThe property value is usually higher than both the UPB and the legal balance, sometimes significantly higher than theNow it is important to mention that I have very little experience with issuing notes and buying performing notes.

My 1st rental property I purchased included a Washer and Dryer.