I am purchasing my first multifamily property which consists of 10 units, tenant will be responsible for electric but owner is responsible for water, trash, and sewer. I am thinking to try to implement some sort of b...
Hi everyone. Just thought of this strategy and wanted to run it by someone.What if I rented a 3 BR place for $1500/mo, then rented each room out individually for $600/mo? Numbers are made up but you get the idea. What...
I'm searching for recommendations for HVAC contractors and companies that are investor friendly and have experience converting ~100 year old central boiler buildings to individual furnace and AC. All meters already p...
Hello BP,After doing some networking with some agents in the Virginia area, I was able to work a deal to get access to the MRIS. However, we have no clue how to get the absentee listing. At first, I was looking on the...
Would it be easier to get business credit by saying your in the construction business rather than real estate?
We are going to be purchasing a new property using a 1031 exchange in the state of Kentucky. We will be acquiring it as individuals and would like to hold the property in an LLC for liability protection. Can we imm...
Hi All,I recently came across a property I like that has now been foreclosed on as of two weeks ago and is now owned by the original lending bank. It did not sell on auction. What are my options now for submitting an ...
What do you do in the instance that you have a potential investor to purchase the property for you, and you intend on moving forward. But then you find out it states in the Agent Notes; Cash Only. I suppose this is ...
Hello all, I am wondering if the 3x the rent income rule applies to the entire household or each individual tenant. I have 3 friends/roommates looking to move into one of my units and 2 of them make 4x their portion o...
I was wondering if anybody has experience in Pinellas county florida converting a single family to a duplex and what the process was like. I'm having an extremely difficult time finding current multi-family units in...