Hi All, newbie here. I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago. My parents have been living there until recently when I had to move them back to the Bay Area due to h...
If anyone has a strong understand of DSCR loans, I would greatly appreciate your input.- Say you're purchasing a house/condo with $3,500 PITI- Sellers have STR receipts going back 2 years, showing $40k per year in STR...
DOES ANYBODY HAVE AN INTRODUCTION TEMPLATE LETTER FOR TAKING OVER THE MANAGEMENT OF A SMALL APARTMENT BUILDING?
I am a big believer in the old saying, “the trend is your friend”. I do not try to predict where something is going, just identify it as its happening, and act on it accordingly “This neighborhood is better maintaine...
Per this Tulsa World article: HB3282, by Rep. Chris Kannady, R-Oklahoma City and Sen. Kimberly David, R-PorterThe bill defines the term "assistance animal" to mean an animal that works, provides assistance or performs...
What's the point of setting up and LLC if members of the LLC has to pay quarterly taxes for income they may or may not make.Someone please explain this logic to me I'm missing something.Why set up an LLC when it's exp...
So I registered an LLC with the intentions of opening a business checking account and running all the finances for our rental property through that account.We are not closing with the LLC on title, but I want a bank a...
I have 75K to spend. Lets say I buy in all cash a house at 50K at auction. I put 10K into it so I have 60K invested, so it's now worth 80K. Would the best thing to do is to is to cash out refinance for a 15 yr mortgag...
We are currently living in Corpus Christi, TX, but will be moving to Dallas in 6 mo. If we bought a house here, our kid (plus 2 of her friends) would be the renters for a year or so, but then we'd need a property mana...
Hey all! My brother and I are working on a duplex deal (improve and refi) that should net us about 150k in the bank. We have a few multifamily properties and multiple private investors that we could use for additional...