We acquired two vacation rental this year and hired a property manager.My husband is on long term disability, but he has done substantial work to acquire and set up the rentals. The work is all behind the phone and in...
Aristotle once said, “The aim of the wise is not to secure pleasure, but to avoid pain.” So how would Aristotle classify the idea of working with family? Is it wise, or just asking for a lot of pain? Only you can deci...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Alvin.
Purchase price: $2,150,000
Cash invested: $750,000
40 Unit C-class Garden Style Apartment complex purchased in B/C a...
3x 4 unit buildings. Yearly rent is $93,900. Sellers want $1 million. They don't have P/Ls etc. They inherited from father and these properties are slum but in a great town where a SFH 2/1 800 sqft rents for $1100. I'...
I live in virginia and own a rental property. Tenant has a two year lease and is breaking the lease - no cause on my end, they lost their job and got a new job out of town. I have no problem breaking the lease - but...
Can you cast-out refinance when using an FHA loan? And do you need to convert to a conventional loan?
Hi everyone,
I am creating a holding LLC with a partner for our multifamily investment portfolio. He is located in VA
and I am in MD. I've heard recommendations to file in states like
Delaware and Wyoming, but he...
Hi everyone. Quick question. Say you want your tenant to move out. You give them a list of things to do before they move out and when they need to move out by. Say one of their tasks are to clean up so it looks like t...
In the near future, I'm looking to purchase a home out of state. Now I know this is David Green expertise. In his book he roughly says, you don't need to go physically look at a property with untrained eyes if your in...
Hello BiggerPockets Community,
So this is my second beginner post :) The last time I posted an introduction of myself I received some wise words and warm welcomes, which were very much appreciated. Since then things ...