I have an application from 2 sisters, 27 & 23, of a good tenant in a 3U for another unit in that building. They have $85k income from decent jobs for a $1550 unit, so income isn't a problem. But they have no cr...
Hi,I want to understand what happens if a REIT pays 8% dividend, but then its price drops by 15% in the same year, because its traded on public exchange?This is not a fictional scenario. These are Starwood (STWD) numb...
Does texting for your first interaction with a possible seller work? Would you recommend something else? Would love to hear from people that have tried multiple things. Thank you
Hi I am a new landlord, just purchased my first multifamily property. The house is old and was neglected for many years. I am doing insulation all over the house, to get it ready for winter. I have a TAW tenant in one...
I went to an investor meet up and we met with a lawyer who was telling us that regular Insurence is not enough. He said that you want to have an LLC to protect your assets in case something was to happen related or n...
I currently work full time, and I have 10 properties that I have installment sales on, and they will be taxed using long term gains. I got the impression from my CPA that if I was to reduce my employed hours enough(or...
Fellow RE investors,I've applied to the SJ ADU amnesty program 18 months ago to legalize an unpermitted ADU, but it still hasn't move forward at all. As far as I understand, they didn't hire inspectors yet to initiat...
Hey folks, I'm super new to LLC forming and the whole legalism (pros and cons) of its own. Long story short, right now I don't have an LLC yet but currently have a rental property in Texas and soon will be renting out...
So Im searching the forums but cant find the answer yet. I know hard money loans are the last thing you really want to go to. My question is tho if you buy and rehab a house with hard money and after the house is fini...
We found through home appraisal report and recent architect drawings that the home we purchased is ~200 sq more than what public records show (location: Greater Boston). Is it better to have the city update their reco...