Marlon Messer
44 unit value add apartment complex with owner financing
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orange.
Purchase price: $1,500,000
Cash invested: $400,000
44 unit apartment complex built in late 70's and early 80's with...
Brent Lesson
Is it possible for a condo or townhome to NOT be part of an HOA?
I'm browsing condos in St. Pete, FL on realtor.com and some of the listings say there is either no HOA or it's optional. I thought all condos had HOAs. Is this just laziness on the part of the listing agent, a typo, o...
Stephen Masek
What happens if SD-IRA Trustee Goes BK?
It seems that all self-directed IRAs are offered by relatively small companies which have somewhat recently appeared. I'm not against small businesses. However, what happens if the SD IRA trustee goes bankrupt? The...
Eddie Symmonett
Changing from a Single member LLC to a Multi Member LLC *****
Hello Bp,So I just spoke to my attorney in regards to changing my SMLLC to a MMLLC for added limited liability protection and to have my business tax return separate from my personal tax returnHowever I have some pert...
Denise Madrid
Buyer Backed Out Due to Powerline Nearby
Well, my partner and I just got word that our buyer backed out of our flip property today because they found out that there is a powerline near the house and they have a newborn on the way. They did research and fo...
Shawn Davis
Getting Ready To Quit the W-2 and Go Full Time REI - What Are You Doing For Health Insurance???
Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI. We have been thinking about this for a while and feel like we are in good shape to do...
Jay Thomas
Property Tax Doubled. Help!!!!
I bought a rental property in Cook County IL mid 2017 and 2016 property taxes was around $2000. It was a foreclosure and there wasnt any homeowners exemption. The property only needed a light rehab (paint, new floorin...
Warren A.
Selling rental - recent annual PM inspections were not performed
Hi,We are putting our Southern CA home for sale. The tenant moved out last Saturday and has been living in our property since 2011. The tenant did not paint match the white walls so you can see the mismatch in the ...
Eva Karnaukh
Uncooperative realtors!
Hi guys!
Need your feedback here as well as from all of the investor friendly realtors.
I am working on a new deal now... A property ARV is 210K max... Was rented for awhile, and needs at least 20-25K of work in upda...
Kelvin J.
Problem. AC installed prior to closing but doesnt work.liability?
I closed on my first house with a freshly installed A/C. It hasn't worked properly since install. It is under warranty but after several visits the contractor is blaming the existing pipework (the 'line set' and drain...