I am making a private loan to a corporation(contractor) secured by a 2nd deed of trust. It is a 6 month rehab project. What documents should I require from the borrower? Can I go after corporation's assets if the bor...
Sorry, I couldn't think of a better title >_<So, here's the question: If you have own a property which you moved into an LLC AND you have a property manager, managing said property, how should payment of his ser...
Christmas dinner with the family. Talked with my uncle. He has a rental that used to be his primary residence. He bought it in the mid 80's for 175,000, paid off. It's now worth about 650k(no equity extraction). He re...
Had an offer accepted on my first ever real estate deal - a condo which is in inspection negotiations now. Thoughts on my analysis? Any input? Did i miss anything? Property is on a land lease expiring in 2029 where i ...
First I’d like to apologize for the length of this post but have questions about lead based paint and asbestos that I can’t seem to find an answer too. I am a new investor in south Mississippi. My farm area is laurel,...
When making an offer if the seller counters with a price with no concession is it smarter to offer a higher price to include concession? I rather just put my down payment down and that's it. What are your thoughts? I'...
So I'm a Canadian looking to buy some more notes and to shift from the NPN to the performing side. Issue. My existing NPN notes are at such a discount that I've never cared much about the exchange rate in the past, b...
Hello All. My name is Ken, I am from NY and i am new to investing. My main goal to be brief is to get into rentals. I like the idea for retirement reason. I do however want to flip a few houses. Flipping id not a futu...
Assume that you have a 1100 square foot cabin renting on Airbnb that you want to incrementally improve over time and later take a HELOC to reinvest.
You have the following two options (below). Which would you choose ...
Hello,I am a first time landlord. I bought a new construction end of December and listed my property same day. I only have had one application. She is a realtor and financial advisor but going through a divorce. Her c...