I just purchased a 4 bed 2 bath 2004 Mobile Home on 1 acre with a Septic system and permanent foundation. It had a 100k mortgage at one time. I am expecting to have around 25 to 30k in it and probably try to flip or...
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
With any luck, we'll be closing on another rental property this month. The inside desperately needs to be repainted (no surprise), but I was thinking about spraying the interior this time rather than logging another 2...
Not sure how your states are handling this but Oregon passed new laws in January and they are not kidding.we got caught in the middle of the change and got a 16k fine plus had to pay 19k for remediation.now this proje...
Hey everyone! So I'm just starting out in REI (and by just starting out, I mean I'm looking for my first deal). I'm focusing on buy and hold multifamily investing. I've heard great things about getting a mentor to r...
Good Evening everyone, First of all I hope everyone had a nice holiday break! My question is simple but just wanted to get some different opinions. So our home which we purchased about 2 years ago and have been living...
For those not familiar, we got our first STR under contract and we are bringing my 12 year old daughter into the process of starting it up and managing it. We have owned long term rentals for many years, but decided t...
Hello—I am newly venturing into real estate investing after an undergraduate career in music. I have no real estate experience or contacts, and I have little cash and no job (current events).
I'm using my time to lea...
If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
Hey everyone, not sure if this is the best place for this question...
But I have a question about hard money lending. I've been researching some lenders in my area and most say they only give LTV of 75%. My question i...