I was able to get a single family home under contract for 207,500 ARV 300,000 rehab 25/30. I'm getting a 5.875 interest rate taxes $8700 and insurance $900. The numbers made sense when taxes where $4700 for rental. U...
Hi all, I'm in contract on an investment property in western Massachusetts and I'm wrestling with the (beat-to-death on these forums) LLC dilemma. Assuming my partner and I do want to hold the property in an LLC, the ...
TOPIC: Scam or Not Hi all! My wife and I are about to close on our 2nd property and listed our first property for rent. We received a message on Zillow asking us if we are interested in doing a corporate lease and we ...
So I am purchasing my first primary residence & I took the first time home buyers class yesterday. I was asked by the one of the counselors at the time of signing up to provide the class with insurance info th...
Do you carry a Homeowner's Policy, a Landlord Policy, Fire Insurance, or another type of insurance for your rentals? I've heard so many different options I'm not really sure what to ask to be quoted. Also- do you get...
My home was damaged by Hurricane Florence a few months ago so I hired a general contractor to manage my project from start to finish. We had a verbal agreement to be finished before Thanksgiving but he keeps saying he...
Could you please give me advice on which Option to choose. I have to buy the property on my own name for option 1 whereas I can buy the property on LLC name for option 2.Does paying more each month in Principle and In...
I currently have a single member LLC with a commercial property under long term lease. I am on the verge of purchasing my first vacation rental that I had planned on putting in the same LLC. However, my accountant sug...
Background. I have 3 houses already (two rentals) and am looking to buy 2 more rentals. I want to buy these with 25% down. One of my rentals is paid off and the other is mortgaged and I like the CoC return of that bet...