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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lawrence.
Purchase price: $267,500
Cash invested: $65,000
This second aquisition is a duplex in Lawrence, KS. It is a new...
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My LLC owns(financed) the property in Texas, but my c-corporation and my personal interest(invested) own 51% or more in the property. My question is can my c-corporation have a "property management contract" with t...
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I recently purchased a cashflowing 4 plex. Since I am using my VA loan, and since the seller is covering closing costs, as is common in the area, I end up without any cash out of pocket, and also receiving deposits an...
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Hello Team - what is the best way to switch management companies? We currently have two management companies covering our rental properties and we are thinking of consolidating all into only one of them and halting bu...
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I have an odd set of circumstances and could use some help navigating. Would love to hear your thoughts on the following transaction(s).The goals:
To rehabilitate a 12 unit multifamily in central Maine (fully occu...
Hello good people,I'm in the inspection period for my first home purchase. The inspection report came back yesterday and it identified a few items I'm not sure how to react to. How concerned should I be about the fo...
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Hey BP members
I'm looking to finance a property in CA looking for a foreign national loan but hoping to put down 20% deposit if possible. From what I see most lenders like 30% down...
Thank you
@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...
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We happened to buy a house and have been renting it to section 8 tenants. We have had this property for about a year now. We have been using a property management since we have brought this property.Since Jan2015 they...