Alexander Yarema
Help structuring/JV turnkey [email protected]%+~200K equity seller finance deal to whlesale
6 May 2024 | 0 replies
Good evening everyone!
Christian Weber
Primary residence to LLC (and yes I did a search :) Florida
6 May 2024 | 12 replies
Reason for the LLC is I have 180k of equity in this home, additional 150k in retirement savings and another 60-80k in cash in my bank account and I want to make sure im protected if I rent it out and the renters sue me (im told that is a thing) - the nw home would become my new homestead2) Put a heloc on the home (im told I should be able to get about 100k on top of about 60-80k cash I have), keep it as my primary and use the money as a downpayment for flips and either payoff upon completion or put a tenant in and refinance out3) Refinance out 90-100k from my current home, mortgage payment would go up $300 per month ($3600 a year) and just use that money for flips/buy and holds or even just stick in the S&P at an average of 7-8% return so I am making 3-4% more on my money then it being in the houseI am super new to all of this, have been saving my pennies up for awhile and need to get going.
Jake Andronico
Home Ownership Rate Actually Increasing...?
7 May 2024 | 14 replies
Firstly, various government policies and programs aimed at promoting homeownership can sustain or increase these rates, even amidst rising prices and interest rates.
Samuel Guan
Seeking Advice: Tenant Wants to Terminate Lease Due to Mold Issue
6 May 2024 | 11 replies
However, my property manager advised against it, as it might inconvenience the tenant further, who has already refused access to the property at this time.I'm also wondering if I should contact lawyer to understand any potential legal liabilities, particularly regarding the possibility of a lawsuit from the tenant even after they move out.Any insights or advice on how to navigate this situation would be greatly appreciated.
Edwin Watson
Latest Property Management Software?
6 May 2024 | 8 replies
We also use AppFolio and we also have it integrated with a lot of other software that has allowed us to provide even better service.
Ashton A. Moore
Inspector came out, rehab work is SHODDY, should I back out of the deal?
6 May 2024 | 30 replies
Depending on location in Baltimore the tenants probably won't even notice those electrical issues.
Tim Porsche
How Did You Find Your Last Multi-Unit Deal?
6 May 2024 | 5 replies
I am using an app for wholesale listings in my area but even those won't cash flow as buy/hold (it is more for fix/flip).
Simon Everett
Advice on Studio vs. Traditional STR | Branson, MO
6 May 2024 | 12 replies
Would you be able to price low enough to the point where those people would choose yours over maybe a one bedroom with more space, or even two bedroom property?
Lakshmi Kotagiri
Protected way to pay contractor
6 May 2024 | 6 replies
Strange. no concept of trust. amount is $2000. so i am not if its even worth for me to go after them.
Arshiya Taami
purchasing off market property question.
6 May 2024 | 1 reply
In short though you're going to need a purchase agreement and could even use the standard real estate contract, and some people use a warranty deed.seller financing is when you don't have to give the seller some or all of the cash at closing, and then you don't have to get a mortgage (or as large of a mortgage) and you're able to make payments to the seller.