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16 September 2022 | 4 replies
One needs extensive rehab (Roof, heating systems, rebuilt porches, siding, bathroom remodels), the other is mostly turn key but the vacant unit will get an updated turn over.Rents on both are way under market value and PM is very confident on getting much more rent out of them.I am using portfolio loans on both with my original plan on doing somewhat of a Brrrr strategy on the one that needs the work.
8 April 2021 | 6 replies
Closing is next week and buyers have requested an extension.
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6 April 2021 | 0 replies
Being in a flood zone with the extensive amount of rehab, the city shut the project down multiple times and we had to go through local and state water companies and agencies to get approvals to do the work.
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6 April 2021 | 1 reply
Being in a flood zone and the extensive amount of rehab needed, the city shut the project down multiple times and we had to go through local and state water companies and agencies to get approvals to do the work.
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8 April 2021 | 12 replies
Wife was never on the lease and there was no lease extension.
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9 April 2021 | 19 replies
There’s no CO or any permits for the extension.
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7 April 2021 | 1 reply
What setup/structure do you prefer for your real estate business (best for taxes, best for flexibility, best for liability)I have done extensive research and the way I'm seeing it is this:Setup Corporation in Montana/Nevada/DelawareEach property you buy is setup as its own LLC in the state that it's in and the main corporation is the owner.For example:Main Real Estate LLC in Delaware555 Elm Street LLC in Texas (owned by Main Real Estate LLC)450 Hickory Street LLC in Texas (owned by Main Real Estate LLC)145 First Ave LLC in Iowa (owned by Main Real Estate LLC)I want to get this right before my next purchase.
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14 April 2021 | 6 replies
Do I have a contractual right to wait the probate resolution beyond the 30 day extension or can the seller cancel the contract?
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9 April 2021 | 6 replies
I have been learning extensively about the different vehicles of real estate and “how to start”.
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8 April 2021 | 0 replies
hello.i ran into a snag in a recent deal because title couldn't make the escrow date (title was unreachable by email, phone, etc) . Seller did not want to extend title. seller chose title company. my question to bigg...