Andrew Clark
Advice for first rental property
12 December 2018 | 5 replies
What is the appraised value, what are market rents, do you have any personal attachment to the property.
Steve Bullock
Water Damage in Rental Property
11 December 2018 | 3 replies
I’ll attach some pictures if I can figure out how (still new here) so you could see the damage.
Louis Van Der Westhuizen
Multiple LLCs one for each flip?
12 December 2018 | 5 replies
In fact, the DST is ideal for the California resident precisely because it avoids the burdensome Franchise Tax.A DST may sue or be sued, and property held in a DST is subject to attachment or execution as if the trust were a corporation.
Susan O.
Charging for garage fee to a tenant in rent controlled LA
13 December 2018 | 7 replies
I think i'll do this because they originally were not allowed to have the garageThe problem is it's a duplex with two houses on alot and this is an attached garageI hope that won't give an issue with LAHD RSO they're strict down in LA too This tenant is the worst.
Tyler Lough
Do you feel bad sending low offers? How about receiving them?
12 December 2018 | 10 replies
Being insulted would apply emotion is attached to the property, which is never good for business.
Mike Gehard
New to multi family passive investing
13 February 2021 | 38 replies
@Mike GehardHi Mike, I've attached some links to some resources that I think may be helpful:The Best Questions to Ask Syndicators in Evaluating Multifamily DealsThe Seven Reasons Why I Prefer Multifamily ApartmentsAbout your comment on trust. yes!
Betsy Yang
Renovations/Upgrades to secure a lease?
6 January 2019 | 15 replies
We welcome any recommendations in the MD/DC area, either directly from folks here or a link to another subforum.As far as the cabinets themselves, they look fine in the pictures (attaching a photo of one side of the kitchen to give a sense).
Matt Hurley
Should I use a commercial loan for my first property?
14 December 2018 | 5 replies
Both have high credit scoresProperty Goals: Positively contribute to the growth and recovery of SE MichiganThe Property: Type: Quadplex with Attached Commercial unitLocation: SE Michigan, 20 min commute from either Detroit or Ann ArborAsking Price: $269,000Repairs: $20K max (tear down of a barn that needs to happen within the next 5 years and maybe a kitchen rebuild)Approach: House Hack for 1-2 yrsProperty Income: $517/mo. after expenses while house hacking, $1,017/mo. after I leaveCash on Cash ROI: 15.9%Numbers I used to calculate this: ARV $269k (to be super conservative), $3k closing cost, $20k repair, 20% down with a 4.8%APR amortized over 30yr., Taxes $7779/yr.
Rick N' Heather
How do we correct the County Records on our new rental house?
14 December 2018 | 4 replies
Background - It's a 3 bdr /2 ba /2 car attached single story home reported at 1,630 sq ft. built in 1982 in the San Antonio, TX area.
Michael Williams
Calculating Real Estate Plus Land
7 March 2015 | 1 reply
I have been coming across many properties with 2 or 3 three lots attached to them.