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Hi All,I have gone through the forums and realized everyone suggested 6 months of rent reserve per property. I have 4 duplexes and if I keep 6 months rent reserve for each and 6-8 months of personal emergency fund it ...
Let's say you're looking at a large property (a suburban midsize mall), in the $30M range. If you have $6M cash, what are the odds of having a bank or broker finance the remainder -without- a personal guarantee?
I s...
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After reading Rich Weese posts on here, I've got to assume that investing in vacation hot spots (such as Cancun) can give real estate investors a lot of extra value in a deal.
I'm interested in purchasing waterfront ...
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Friday night I saw a person laying on the ground outside some STR apartments. I called the police. Police, fire and ambulance showed up. They took him away in an ambulance. This morning some of my renters called me an...
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I am looking at different ways to invest in a second property. I am mainly leaning towards doing a HELOC.
Has anyone done a personal loan to receive finances for a 2nd property?
I need about 15k
Any advised is grea...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $115,000
Cash invested: $13,000
Duplex property that had been severely neglected by previous owner, Both s...
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Hello everyone,My name is Zach and this is my first post on the BP forums. I am currently in the phase of educating myself on becoming a rental property investor and saving money to obtain my first deal. Recently I ha...
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I have two rental properties, mortgages on both of them, and want to transfer them to their own LLC's. Is there a way to do that and not have the banks call the loans? Does this happen often if at all? How do I avoid ...
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Hi,
I have a weird situation with one of the rentals in Houston area. So, on the lease, there are three people (Mom/Daughter/Daughter's boyfriend). Apparently, daughter and her boyfriend, the relationship is not w...
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Hi everyone -I'm trying to understand what the benefits would be in moving a personally held rental property to an LLC. Is there an attorney and/or accountant that can shed some light on this?The rental property has ...