I spoke with the lender we used for our home mortgage, and he recommended against it, but I feel it is because he does not offer loans to LLC's and is obviously trying to keep my business.

Feel free to explore my profile to learn more about my experiences and successes in the Binghamton market!

Feel free to DM me if you have any questions.

(Side note I do live in a small town so may have to look in the larger city of Columbus which is an hour away, I've even thought of buying a home and offering it to a full time employee to move to this area but not sure if that would just create more headaches in the long run)

Investors are desperate to find "deals" and buying at auction feels like a deal, even if it's not.I've been to auctions where people pay market price for a home that is clearly a fixer-upper, meaning they will be under water after renovation, even if they don't consider the cost of their own labor.

I had a feeling you were doing Padsplit based on your configuration.

Bringing in a new GC creates a situation of its own.You need to be extremely careful about how you mitigate your exposure to fixing legal contractual obligations to the new contractor to ensure it’s scope of services and remedies should problems arise in completing the job.In closing, I urge you not to feel too bad or blame yourself for the situation.

Feel free to ignore!

She will give you numbers on how many nights each unit gets rented out per year to give you a feel or trend for the kind of revenue each type of property brings in.

I'm going to cut to the chase: a so-called "contractor" had his employees do some work in one of my rental units.