When buying a rental property for buy and hold purposes and being from out of State (in my case out of country), when I find a bank to set up an account with, is it ok or suggested, to use the same account for both...
I'm looking to buy my first rental property. I was wanting to make my business an LLC. Is it better to buy my property and transfer it later to an LLC or start the LLC first and buy the property under the business? ...
hello bp, I have two rental properties financed both with VA loans. Looking to use FHA on the 3rd one in the near future. However, I do have about 20k in debt for a home improvement loan. I was wondering if I borrowed...
if somebody buying a home, ldeposited like 50-60k in escrow account.home inspection is done, home appraisal is done, now due to some reason, like in the mean time interest rate went very high or any other personal rea...
Hi Everyone,My name is Prem Schoff and I've been a casual observer of REI for the last few years. I'm interested in investing in real estate as a buy and hold strategy for positive cash flow in rental properties. I'd ...
My friend rents a 3 bed house in Columbus, Ohio. One night there were gunshots across the street and stray bullets hit the house. One bullet went through a window and into her roommate's head board. Police investigati...
Hey All,I received a message from a tenant that her bedroom smells of cigarette smoke. Directly underneath her exterior window, are steps that lead to another unit and the tenants in there often smoke on the steps. ...
I know this has been asked a million times over the years in a generalized approach... but I want to discuss my current situation, reserves, etc and get opinions on whether I should adjust.I own 7 properties, 2 2-unit...
HiWe bought a house last year and hired a contractor (who is now not in business) to build a couple of interior walls so we could have a couple of extra bedrooms. The walls don’t have any electric outlets, so seemed...
Hey Y'allSo we have an accepted offer on our first property. It's a multi in our home town and by all accounts a pretty good deal.As we are unfamiliar with this whole process please indulge my newbie question. Is it ...