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13 July 2024 | 5 replies
Land Trust" for more information.The trust keeps you anonymous, and the LLC provides a legal barrier in the event the anonymity of the trust is breached and there's action taken against its trustee.
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11 July 2024 | 4 replies
Our current rental was purchased for roughly $340k 7 years ago and is worth in the mid $500’s now and is paid off, and our primary was purchased for $430k 4 years ago and valued low to mid $600s and we owe $180k.Option1 we are considering are a fix and flip to provide cash for a down payment for a long term rental to allow the rent to cover the mortgage and at least break even.
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13 July 2024 | 3 replies
There are many strategies you can use, and all depend on your budget. and every journey is different.My suggestion is to pick one strategy, learn as much as you can, and take action before considering something else.
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14 July 2024 | 5 replies
New York City allows members of the public to have roommates in both single-family homes and in apartments, provided that these roommates maintain what is known as a 'common household,' meaning they share the livable space of the dwelling unit," Under the NYC Administrative Code, no more than three unrelated roommates can occupy a dwelling unit and maintain a common household, which means you can take on one or two roommates.
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13 July 2024 | 13 replies
Finding a good one might be a different discussion because it depends on how you define "good".
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10 July 2024 | 12 replies
@Jon L.Your questions 1 and 4 in the survey are not something a lot of investors would want to provide... breach of privacy etcFor your question in the post here about the most frustrating part, for me plenty of frustration around contractors... finding quality ones, finding ones that haven't taken on too much work to where they bring in inexperienced guys to cover their multiple jobs etc
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11 July 2024 | 6 replies
We respond on FF and send them a text or email as well, depending on what contact info they provide.
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13 July 2024 | 3 replies
To raise capital from investors I gave “talks” at various real estate investment groups and self directed IRA providers (about 5 per month).
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13 July 2024 | 9 replies
Part of it depends on your goals-do you want to buy more rentals in which case would selling or refinancing give you the money to do that and get a higher return?