Brian Plajer
Does anyone invest in Ocala Florida
I am thinking of investing in rental property in Ocala Florida. Wondering if anyone has experience there? If so, is there any red flags such as rental restrictions, limitations, etc. Thanks
Johnny Kula
Buying (pre) foreclosures and letting tenants stay for 1 year
What are the pros/cons of the following:Owners home: FMV $200k, owes $130k, house is in decent shape.Owner loses job, can't afford to stay, going into foreclosure.I buy the house from him at what he owes and allow the...
Jeff Bairstow
LLC or not to LLC. That is the question.
I currently have an LLC that I have for a commercial property that I own and lease. I am going to close on a fix and flip soon. Should I put the fix and flip in a separate LLC and should each subsequent fix and flip t...
Tyler D.
Buying coastal property
I'm interested in buying a house on the Oregon coast for a long-term buy and hold. This will be partially an investment, but also because I would personally like to own property by the ocean, possibly as a place to re...
Carlson Driver
Please help me validate my LLC structure
Can you please help me validate the LLC structure that I have created for our properties? Right now, I have 3 doors but over time, say 5 years, I expect this to grow to 15-20 properties.Some questions that come to min...
Yuriy Shepelin
reasonable investment arrangement
Hi, I'm about to invest in a first deal, with an acquaintance managing it. It's a remote real estate transaction, where I would probably look to put up about 10% of the investment, with other investors putting in anot...
Sosina M.
Water proofing a basement- is it a deal breaker?
I am in the process of buying either a duplex or a single family house with a finished basement. I found this beautiful, fairly recently renovated single family house with a "finished basement" . But on inspection, we...
Account Closed
Should I purchase flood insurance if my property is 5 miles from water?
Ok, i am sure the title of this question looks pretty dumb...
I am hearing sad stories about people up here in New York that had Hurricane insurance but did not have flood insurance and therefore were not protected w...
Adam Bartomeo
What's the First Question That You Shouldn't Ask A Property Manager?
As a tenured Property Manager I meet a lot of folks that are in the real estate industry - agents, PM's, contractors, and owners. I get a lot of questions about sales, the market, and rental pricing. But, normally, th...
Jonathan S.
Refi Appraisal Problems
Hi All,Purchased a Duplex 2/2 for 160k a year ago; had to separate all utilities and upgrade oil to gas. Put in about 30k all said and done. Owner occupied.Rent is pulling in 1250 a month. Mortgage 1140. Nice deal. So...