8 June 2019 | 9 replies
Ok guys,I'm pretty new here and I think there's probably a process for throwing thoughts or requests out to the group that I'm not following... so pardon my lack of seasoning. I'm an investor in Northern KY looking fo...
11 June 2019 | 20 replies
Far too much risk, especially in a 4-plex, where I could lose other tenants.I screen tenants for a large complex as part of my HOA President duties, and the credit score thing has resolved police incidents by 99%.I always show a property with existing tenants in them, so I would never do a self-showing.
11 June 2019 | 3 replies
I have an 11 unit complex I am interested in buying in Bossier City, LA but I will not be able to self manage it.
8 June 2019 | 1 reply
We have a family member who wants to sell his 49 unit complex in Tarzana, CA.
10 June 2019 | 7 replies
This goes for any condo but you need to see a resale cert and reserve study for the complex.
8 June 2019 | 3 replies
After the lease was signed & security deposit & first month’s rent was in hand, she mentioned her son had a service dog (the apartment complex does not allow animals).
12 June 2019 | 3 replies
I have run a house before as well as an apartment complex, so I'm aware of the overhead / maintenance stuff -- looking for more specific experience with students or with house hacking in Chicago.ROI looks to be the highest with this setup, since rooms are renting from 300-600 each in these areas for students.
8 June 2019 | 2 replies
Found a possible deal for a rental condo that meets my numbers. Called the realtor up since the condo has been on the market for a couple of months and the reason why the condo has been on the market for awhile is tha...
28 June 2019 | 18 replies
There are some complications under the current rules on how you have to sell your investment in order to make the tax election, but hopefully that will be fixed in the final regulations.Also, a lot of people ask - operating income during the investment is taxable under the normal rules.There can be a lot of complexity for OZ deals, but in the case properties involving a large rehab component, it can be much simpler as long as the structure is in place before you start making purchases.
25 June 2019 | 6 replies
The residence can be a house, condominium, shares in a cooperative housing corporation, a townhouse, boat, mobile home, or recreational vehicle, but it must be used as your primary residence.