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5 July 2024 | 5 replies
I can see why the landlord wants to use their person . . . they probably want to make sure its a quality repair.
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3 July 2024 | 14 replies
I want to know what my obligations as landlord are and then make a decision if I want to go above that line in any capacity by paying or sharing the cost of something that I am not required to do.Regards,
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2 July 2024 | 14 replies
A few ideas for lead sources:Drive for dollars, then cold call the list.Get a list of houses in foreclosure from court.Try to get the "hard to get" lists (ie, where you have to go in person, not available online).
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5 July 2024 | 4 replies
You will need 20-25% down and a commercial loan for the rest.Most lenders will want to lend to an LLC with you personally guaranteeing the loan.Typically, each MFR would be purchased under its own LLC, for liability purposes.Each LLC would then also need its own bank accounts for collecting rents and paying expenses.
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4 July 2024 | 14 replies
Together, this structure will protect you personally from lawsuits, as well as keeping your investment properties isolated should legal problems come up down the road.
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3 July 2024 | 15 replies
I do agree that you need to go in person to see what is going on.
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5 July 2024 | 9 replies
DM me for the person I worked with.
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5 July 2024 | 19 replies
Can anyone share any resource on how to obtain these group homes info, how how to go about this as a starter?
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4 July 2024 | 5 replies
Highly recommend you share more about the research YOU have put it into your dilemma, so we can poke holes in it, add to it, etc.
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3 July 2024 | 7 replies
@Nancy E. interesting, thanks for sharing.