I met with the mortgage lender on Tuesday for my first investment MFU. I'm gonna live in it to satisfy the tax incentive. However, I want to protect myself legally and asked the lender about putting the MFU in a LLC. ...
I'm going to hold rental properties in my own name and manage myself, however I'm unsure about whether to manage the properties under my own name as well.I"m not interested in the LLC vs sole proprietor debate please....
Hello! I've lived in the OC area for the last 6 years and have been writing residential mortgages for the past 5. I've been very successful in the call center/inside sales environment and at this point in time I'm t...
After months of searching, I have found a property that finally makes sense to "house hack". The only problem is the house is zoned as a single family and they have added 2 units behind the house without zoning to mul...
Hello BP members! I need your advice. I am a home owner and trying to transition into part time investor. I am thinking of purchasing a 3plex for $300k (market value $380k) in the Central Valley in California. 2 units...
Good evening BP!We are negotiating on an offer for a property that is part of an estate. This is a flip opportunity. After going back and forth with price twice we are about $8,000 apart and I am not as comfortable ab...
Noticed some really affordable houses in that area which makes me wonder if there's something wrong. It is close to metro and DC. Why so cheap? Anything wrong with that area?
Hi there, I'm looking for an app that lets you take pictures, notate, and save Move In or Move Out inspections. (So far example - take a picture of a hole in the wall, type "Damage in Living Room wall due to Flatscree...
Aside from trying to get my hand in real estate,
for the past few years I've been involved in Internet
Marketing, which is a pretty lucrative market.
There is a distressed mobile home park that may be listed for sale in the future in my area. It has 21 lots and a 5 unit apartment building plus a laundry room (coin operated) The MH park needs a lot of work. There is...