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30 October 2024 | 9 replies
Is it not true that when you lease your property to an LLC and have the LLC manage tenants, you create a legal barrier between yourself and the property’s operations.
30 October 2024 | 10 replies
We also have 2 investment properties within about a 15 min drive of where we live.
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30 October 2024 | 28 replies
Conventional financing for this type of property is going to depend in large part on what the purpose of the purchase is as well as the specifics behind the property type.
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31 October 2024 | 2 replies
It is expensive but money is not cheap at all nowadays and as others mentioned even getting a LOC against a rental property is a huge score as not many lenders are lending on that product.Question I have is what are you using the $ for and can you earn it back?
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30 October 2024 | 5 replies
Negotiating the seller down on sale price from $200,000 - $185,000 to build some instant equity in the property.
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30 October 2024 | 15 replies
I know you are probably bummed about this and feel like you made a mistake, but if you can figure out how to hold this property and buy more properties and hold them then you will end up making significantly more money in the long run; you don't build a real estate portfolio by selling.
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30 October 2024 | 2 replies
I have an investment property with a small front yard and average sized backyard.
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22 October 2024 | 7 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?
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17 October 2024 | 4 replies
Do an inspection every year for the long term tenants and keep rents at market value so when you exit the property it will have a higher value.
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30 October 2024 | 15 replies
Hi Jim, if the property isn't being used as a STR currently, certain DSCR lenders can use data like AirDNA to qualify for financing.