Jason Boice
Refinance in an LLC or Personal Name?
We bought a 3 unit property at auction using private money in March. We made some repairs to the units and approached a few banks about refinancing. We were told we needed a 6 month to 1 year seasoning period, dependi...
Trevor Martin
Apartment Analysis Help
Good morning all! Make today a productive day :)
I'm relatively new to REI and only have two single family homes under my belt at this point. I'm going to a showing for a 12-unit apartment building today, and was hop...
Chris Iley
Metro Detroit Flip w/ pics $700 invested 105k profit
Investment Info:
Single family home in metro Detroit
Purchase price: $121,000
Rehab Costs: $45,000
Cash invested out of pocket: $700
This was my very first flip! I did 95% of the rehab and I'm really thankfu...
Logan Hartle
Mobile Home Park In Floodplain
Has anyone purchased a park that is partially or fully in a floodplain?I am looking at a park that has great cashflow potential but is partially in floodplain.
Wendy Wood
Should you get a RE license?
What are the pros and cons of having your real estate license as an investor? Does the answer depend on which state you're in? (I'm in NC)I'm brand new so I don't know what I don't know yet. Thanks!
Alan Bostick
Store front deal FSBO!!!
Repost:
I have found a store front property that is FSBO in an historic district of town in the Greater Akron Ohio areas, asking 550k. Seller has 100% equity and is mom and pop owner. 8/9 units occupied. The basic nu...
Terry France
How much insurance is recommended?
Hello all! Just signed up yesterday...First post, first question:I'm a newbie, looking at a 1 BR condo I can get fairly cheap, and the rent payment would cover the mortgage payment right away, making it cash-flow posi...
Trip McNeely
Disclosing asbestos siding?
I'm in the process of buying a SFR that has asbestos siding. It's in great shape and has been "sealed" with paint (per sellers). There are no cracks or split tiles that I can see.
The property is in MI and there's ...
Ian Checketts
How to Find a Contractor
How do I find good contractors?
Approach 1: This is by far the most effective way to find good contractors. Drive around similar properties to yours that are being renovated and get these contractors information. No ...
Vijay Anandh
Looking to rent out my property, best practices
Hi,
Am new to renting out my property in US.
I will be moving out of state from Santa Rosa, California, and need to rent out my property through a local property manager.
I am working on setting up an LLC, trans...