Don Fisco
Multifamily/apartment building w/ retiring father AND room mates AND potential child.
16 May 2024 | 5 replies
If you buy a building with tenants, there are ways to remove them.
Mohit Arora
Tenant wants to break the lease before lease start date
21 May 2024 | 12 replies
"I checked the lease created through Zillow" - Anyone thinking about getting into rental properties should build there own lease.
Jane Kim
What should I do with my 70k cash?
20 May 2024 | 14 replies
It'll be tough to get into a pure investment in your area for 35k but here are a few options:- partner on the second deal- if the numbers make sense and you could get more cashflow then you could look at a higher price point but my guess is this will be difficult to find- Buy your first property as planned, and save the 35k as reserves and/or just keep it for the next down payment on another FHA after a year- find a place that needs some work where you can use that money to fix up and force appreciation to the propertyPersonally, I would look at those last 2 options where you have the cash on hand ready to deploy for the next down payment or rehab costs if needed.
Molly Jones
How can property taxes go up by 164%?
20 May 2024 | 7 replies
The charges are mainly due to it being a vacant building.
Adam Baker
Kitchen Cabinets???
20 May 2024 | 21 replies
A half decent carpenter can build the cabinets and drawers in a day.
Kelvin Boyd
Buy now or continue to save?
20 May 2024 | 14 replies
I'm a real estate agent, investor and developer in central Houston (i build duplexes).
Priti Gupta
First Time House Hacker - Separate bank account for rent collection?
19 May 2024 | 17 replies
If you are living there I wouldn't worry about getting all that setup because it's difficult to separate everything out while you're still living there.
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
20 May 2024 | 88 replies
I have a different LLC for my commercial buildings vs the rental houses/apartments.
Ugo O.
Starting out as a Candian looking to invest in the USA
20 May 2024 | 10 replies
I believe that starting out, you would need to find an investor lawyer and accountant to help you set up the legal entities in both countries, then research your market, find financing, build a team, and so on.