Hey everyone,Great community here! I joined very recently, but have found a lot of insightful blog articles, manuals, and forum posts.I'm just getting started in my REI journey, and am still getting all the terminolog...
Ive been listening to Bob Diamonds material and one technique caught my attention that is called a "net listing". I believe you have to be an agent for this, but im not sure so I thought Id ask here.
Basically, it g...
I live in CA and my business partner in PA. We are looking to buy a 6 unit multifamily property in PA that'd come under commercial mortgage. How would we create a single purpose entity / LLC that will have only the pr...
How's it work when you have investors help buy a property? create an LLP or LLC and the down payment percentages is the percent of ownership which is used for the same percentages on the distributions?How's the bank...
Ok 2 ADU units on one lot and no owner occupied requirements, this should be the catalyst to boost ADU development?New Law Allows Three Housing Units on Every Parcel in California
Statement from California YIMBY Pres...
We've been told by a potential contractor (we'll likely GC ourselves) that forced hot air is cheaper to put in than forced hot water baseboard. This seems off so us so I wanted to check what everyone else thinks.
Th...
What is the best practice when it comes to requesting Renter's Insurance, to have the Property Manager listed as an "Interested Party" on the policy, or listed as an "Additional Insured" on the policy, or both?
With the housing market so crazy, where are people finding deals for short-term rentals these days? I prefer places out west in the mountains, but I’m open-minded. I spent a lot of time looking in the Smokies and am m...
A newbie with a n00b question!Am I correct that a first time home buyer loan, can only be used once?Is it crazy/out of the question/not realistic to think that I could...1. Create an LLC2. The LLC purchases the proper...
In 2021 I purchased a couple of single-family rentals. After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm consid...