Josh Southern
Can a new owner terminate a lease upon purchase ?
7 August 2020 | 8 replies
Tell the seller you were going to offer $200K, but because now you’re on the hook for deposits, lower rent, etc, you e adjusted your offer to $187K (or whatever makes sense).
Account Closed
Airbnb, long term lease and how to approach buying furnitures
11 August 2020 | 4 replies
@Lynnette E.
Mayuk Sengupta
Best Website For Wholesale Deals?
10 August 2020 | 1 reply
Network with them and get added to their e-mail list.
LaTara G.
5-50 unit small apartment owner occupied loans
11 August 2020 | 9 replies
Many companies purchase the building they occupy.)I can think of a number of reasons off the top of my head why it wouldn't be financially prudent to occupy a unit, but the bank is unlikely to care regardless.If you're thinking you'll just occupy a unit and charge yourself above market rent to juice the numbers and raise the valuation, well, that most certainly won't work.
Mark James II
Suggestions for denied due to being labeled "uninhabitable"
12 August 2020 | 9 replies
I sent an E-mail to the seller to see if the bank would be interested in seller financing or getting creative.
Luke Rorech
Thougts on managing STR for clients?
11 August 2020 | 7 replies
Basically, is the juice worth the squeeze?
Leslie C.
Feedback on if I should purchase this or not in this area?
10 September 2020 | 9 replies
As much as I have to hedge my bets and make my capital s t r e t c h for all it's worth to live on the cash flow, the times I've made giant gains were always in the appreciation markets...So if you feel you actually have a cash flowing property, and your income is strong enough to carry it without stress if you weren't conservative enough in doing your numbers, get anything you can in BZN I say and watch it go through the roof over time.
Monica Crisostomo
Does this structure with Trust and LLCs look right?
20 August 2020 | 5 replies
We are thinking:a) 1 Trust for each rentalb) Trust's Trustee: Disregarded LLCc) Trust's Beneficiary: Regular LLC that manages the Disregarded LLC (Trustee)d) We (my husband and I) manage the Regular LLC (Beneficiary)e) Each new rental will have its own Trust, but all the Trusts will have the same Disregarded LLC as the Trustee, and the same Regular LLC as the Beneficiary.f) To add more protection, we are thinking about making a loan to the regular LLC (Beneficiary) to purchase the properties so in case there is a lawsuit the LLC does not fully own the properties.
Mark Ross
Picking a Self Directed IRA custodian
7 December 2020 | 12 replies
Think E*Trade or Fidelity with different paperwork.
Andrew Q.
BP bookstore issues?
25 January 2021 | 7 replies
Bought the ultimate edition of managing rental props but no e-links.