Alex Locklear
First house under contract
I now have my first "deal" under a 2 month option contract.
I have the home under contract at 212K; I'm marketing it to sell at 220K. Not really a wholesale but more like trying to find an end buyer willing to pay 22...
Maya De Filippo
Advise for company set up
Hello everyone. I am looking for some legal advise to determine my business structure in the US. I am French, l live abroad and would like to start investing in the US (MI). I have been looking at different structures...
Kal A.
LLC doesn't own title, use for other business expenses?
I'm purchasing a duplex on a 30 year traditional mortgage. I'm planning to transfer to a LLC after the purchase, understanding the "due on sale" clause is unlikely to be enforced. Got me thinking, even if I had to mai...
Jake Yates
Buying in a super hot market
With house prices being exuberantly high right now and seemingly on the market for a max of 2 seconds, what are recommendations for finding great deals in this market right now—especially for new investors?Currently a...
Peter Kim
What should I do with excess cash flow (after expenses)
I know this is based on the goals I have for my self but a general rule of thumb, after deducting expenses from my cash flow, should I
A) Use the extra $ and put it in the mortgage
B) Save, save, save to buy anoth...
Rahman Ch
Penalties Deferred Loan programs- Future Lending
Hi, does anyone have any knowledge in regards to the deferred loan programs? I have heard that you can defer for three-four months, but are there any penalties associated with this? Would this impact your ability to g...
Yahav Caine
First deal - estimating maintenance and repair costs
I'm in the middle of a negotiation of my first deal. It's a 1963 multifamily 4plex brick building. Total of approx 3500 sf. This is a low income neighborhood, I'm not sure if some of the tenants are section 8, I'll kn...
Al Bunch
Question when dealing w/ out of state absentees
Sending out direct mail to absentee landlords - I decided at the last minute to include out of state as well as in-state. I'm getting more OOS than IS - how do you go about viewing the property just prior to signing ...
Frank Mirando
Evicting a month-to-month tenant in New York without a lease
Hey I'm hoping to get some feedback from those with more experience landlording than me.I purchased a 2 family house hack situation 5 years ago. I live in one unit and we inherited the tenant in unit 2. Upon purchas...
Britain Sorensen
First Large Multi-Family Purchase at 28 Years old
Investment Info:
Large multi-family (5+ units) buy & hold investment in Ogden.
Purchase price: $1,050,000
Cash invested: $180,000
18-Unit Apartment Complex currently being completed renovated.
T...