All,I am being advised to put my rental property into an LLC to limit Personal Liability. Would transferring my property title to an LLC while being personally obligated on the mortgage, would that assist me limiting...
Looking for recommendations on a tax adviser in Central/North Jersey.
When you have your own business, such as a vacation rental, you always have to be on the lookout for entities trying to grab cash from you. A few weeks ago, Newport Utility, my electric provider for 4 properties, dem...
Below is the response from my banker who did refinance earlier for me. Any lender who can do cash out refinancing for me based on Property/Asset rents but not on my credit score which is currently low around (656, 650...
Hi everyone! I have a question about what to do with the electric and water when showing the rental, do you leave them on and keep paying for them or shut them off? I have personally been shown rentals that do both bu...
Could my peers please look at my calculations and advise if im overlooking something or being overly optamistic and advise if thisis a good deal
Buying a duplex (2/1 each side) and here are the numbers
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Finally got my first tenant lease signed. He signed on Thursday night. I advised that he needs to get the power placed into his name within 2 days. Well... I called the power company and they told me that they actual...
I'm in the process of buying a home with a detached garage and studio in the back. I plan to live in the main home and rent out the studio. The electric and gas meters are shared. The studio has a swamp cooler and wil...
Hi All,Looking to get some advise on a multifamily I am looking to purchase in El Paso Texas. Currently water gas and electric are all being paid by landlord. Cable is also being paid but that is separate. Rents seem ...
Hi All — I’m an out-of-state investor and own a 12-unit MF in the Cleveland area. My building is not separately metered for water/sewer, so I pay those expenses. Does anyone know how common that is (for the owner to h...