Jared McKie
Using an existing lease at a Duplex to qualify for Financing
Hello, I've identified a Duplex that currently has two tenants renting both sides. One side rents for $1,000 and the other for 1,200 per month. The existing owner is an old colleague looking to sell due to he's not li...
Erick M.
Moving Rental into LLC
Have a few questions for those more experienced on here and would appreciate any advice. I've been renting out a SFH for about a year now. Currently have a tenant who will sign a new year lease in about a month. Have ...
Dan Cho
Anyone Invest in a Hotel?
Has anyone ever gotten a loan for a hotel? I'm interested in obtaining a hotel for $2.2 mil and the seller is offering finance for $500k down. I currently have $200k down and was wondering how I could go about obtaini...
Robert Capozzoli
Need advice from a CPA
Hi everyone! I'm looking for a CPA to help me with starting an LLC . Of course I'm looking for someone who is well-versed in real estate . I live and Basking Ridge New Jersey. any advice is much appreciated.Be...
Roshael Reece
Asset Protection (Umbrella Policies and LLCs)
Good day,
Has anyone heard of the company below? I have 5 rental properties. 2 of them are in an LLC. In addition to carrying a $300K liability coverage on all of them, I have a $1M personal umbrella policy. I am...
Jimmy C.
Starting Point for Dealing with 1st Position NPNs
Hello guys,We are looking to expand our portfolio to include FL NPNs, preferably in 1st position, but not sure of the best way to obtain tapes directly from asset managers. We've been getting old, junk tapes that's be...
Terri B.
Is it better to have debt than own free and clear?
I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
Katie Anderson
Accounting for Closing Costs?
How do you account for closing settlement charges and expenses such as escrow fee, title insurance, wire/notary fees, recording fees, items payable in connection with a loan (on the seller side), appraisal fees, etc.....
David Disraeli
Privacy, Real Estate an LLC's
With a few mouse clicks anyone can find out where you live, what you own, your cell phone number, your relatives’ names, and more. A simple search of your local appraisal office will reveal what you own. The good ne...
Veronica Jones
How to pursue personal goals
Hello everyone,
With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land (10-12) years down the line.Though the market always changes, ...