Looking to purchase first rental property. Have LLC set up, bank wants 20%, since not using equity from personal home, but they want to loan in my personal name, not my LLC.
Question : Don't I want the loan to my LL...
My wife and I purchased the house next door for $250K in 2021, 20% down @ 4.5% APR for 30yrs, $40K put into the rehab, and split the unit into an upstairs/downstairs duplex (not on meters though). Currently rents for ...
The TAR Pool/SPA Addendum is linked below my question is centered around maintenance in my current contract I have Tenant at Tenant's expense selected. If a pool pump quits or a new pool filter is needed then who is ...
Hi all! I'm in the process of getting my first property leased. It's a single family home two bedroom two bath in the Baton Rouge, Louisiana area. It'll be rented out to a friend who is splitting it with another frien...
1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
Hello BP,The time is coming near for me to seal the deal on my first investment property. I have been due diligently studying markets, books, education, podcasts, and mentors for almost 3 years now. I have come across...
Hello everyone, My roommates and I have run into a slight conundrum regarding our security deposit at a rental we just moved out of in Atlanta, Georgia. I was trying to think of who I could ask for advice and, since I...
Hello, my wife and I are beginner RE investor, we just bought our first duplex in Sacramento this year (with existing tenants). We are planning to buy another duplex this year, and maybe more properties in the years t...
I just made an offer on a house with a thirty year old furnace as a turnkey hold and rent. Hot water heater is in a similar state although not quite as old. Would you go ahead and replace now or wait for it to break?...
Building a Successful Multifamily Syndication Team: Essential Skills and RolesMultifamily syndication is a powerful investment strategy that allows investors to pool their resources and acquire larger, more profitable...