Hi all. I am under contract on a Chicago property that has 3 cashflowing units but the zoning cert says it is only a 2-unit + commercial space (which has been turned into a 3rd unit. It is zoned RT-4). I am wondering ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $144,000
Cash invested: $40,000
This is a turnkey buy-N-hold that we did very little work to. It was way und...
HelloI would like to know how does the taxation work when selling an owner occupied Duplex.There are two scenarios here, 1) The rental unit has similar square footage as the owner occupied unit.2) The owner occupied u...
Hello, I wanted to introduce myself as this site suggests. I've been in and out of real estate since the 1990s when I worked in Boston before moving to San Francisco. I try to find projects where I can unlock value ...
Hi everyone,
I'm Jim, currently living in Juneau, AK.
I have had a few small rental properties in Alaska and can do simple repairs and painting. I'm thinking of buying long term apartment buildings to set myself up f...
Hi BP,I was meeting with a potential lead yesterday and was discussing how I was going to purchase his portfolio. I think we made good traction and will be able to make it work for the both of us, HOPEFULLY. That be...
So, as the title suggests, i live & invest in foreign country and numbers just doesn't make sense and it seems impossible to grow (At least at a rate that we all want to grow). I have 1 property in my portfolio an...
I'M EXTREMELY NEW TO THE WHOLESALING BUSINESS AND IM FAIRLY NEW TO THE AREA (BELMONT COUNTY,OH).I RESEARCHED THIS AREA AND DISCOVERED A BILLION DOLLAR PROJECT UNFOLDING HERE. I LOOKED FURTHER INTO IT AND SOME LANDLORD...
Hi, everyone --
My husband and I are in the process of selling our first home in Massachusetts. With a business partner, we recently purchased our first three-family home in Providence, which we are currently occupyi...
I am looking into the usage of LLCs to house investment property. From others' experience, is it necessary to hold each property in a separate LLC? Or is it more common to create one LLC to own all properties? This is...