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15 October 2024 | 1 reply
It was a self-storage property in a small town in Central Illinois with a recently underway residential development adjacent to the property, so lot's of upside.
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9 October 2024 | 13 replies
However, they’ve told me their daughter might move in next summer, so I’ll likely need to find a new place in about a year.
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14 October 2024 | 9 replies
I currently have these homes in my personal name, but have been debating whether or not to create an LLC for these rentals.I am in no rush to do this, and I have heard the argument both ways on leaving them in my personal name vs forming an entity, so I am looking for any advice the community may have.
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14 October 2024 | 3 replies
I don't have experience in real estate or house hacking, so I want to ensure my plan is sound and that I have all the details mapped out.
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14 October 2024 | 19 replies
Pompano FL ,AT least quadrupled in price over the last 10 years Cincinatti great returns over 10 years, Indy Great returns and still doing well, Akron Cleveland, Tripled, quadrupled or more on value on top of 25-30% NET incomeWe were told we were crazy 10+ years ago, from the internet, well how wrong were all the experts :) Amazon now has 2 mill sq ft, Sherwin Willams built a massive 30 story new headquarters in the middle of the city, new Hotels, massive infrastructure and so so much more.
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8 October 2024 | 3 replies
You can get money from family and friends, you can get the seller to provide financing, often called "Seller Financing" or a "Seller Carry" or you can get a lender to lend you close to all of the money needed (I see loans at and above 90% of purchase cost + 100% of improvements).
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13 October 2024 | 2 replies
Hello everyone,I am buying an RSO-controlled property in Los Feliz and will be performing a no-fault eviction so I can move in as my primary residence.The property is currently a duplex, with a 2 bed 1 bath on the top and a 5 bed 3 bath on the bottom.
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14 October 2024 | 1 reply
In one of the cases the owners died, so we are having to find all heirs and gathering death certificates to show that the heirs are the people that can sign on the property.
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8 October 2024 | 10 replies
Hey I did call a few lenders regarding a DSCR loan which required me to hold and have an investment property for one year so I don't think that would be an option as of yet.
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13 October 2024 | 9 replies
However I would not fund a deal based on a rezone unless it was a screaming deal and it could be sold as is for the current use so we did not lose money.