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I talked to the always helpful @Dmitriy Fomichenko a while back about SoloKs, SDIRAs and Checkbook LLCs and despite the SoloK being the obvious best choice, I came to the conclusion that since I don't make any schedul...
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Here is my situation. I have around 22 units. Appx 650-700 k in equity. Most of my mortgages are 10-12 year balloons. Small town bank. I’m getting ready to meet with my banker Friday about moving stuff around. I...
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Looking at a 6 unit rental as my first multi-family. HCOL city using 30 year commercial loan fixed at 6.5%. Total cost $1.15 million with 25% down. All units currently occupied and is in a trendy part of town in which...
Hello BP,I am renting out individual rooms in a 5 bd 3 bath single family home in the SF Bay Area. I called a couple of insurance companies to ask for quotes on property insurance, but none of them would cover it. The...
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Hello,I am based in Los Angeles and would like to get opinions on my situation and if there's anything I haven't thought of. I have several properties out of state but looking to come back home here to invest. My str...
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Im analyzing a deal that looks pretty good on paper. Its through a turnkey company Eliteinvest. The property is on S Coles AveCHICAGO, IL60649 price is 175k projected rent is 1100 each unit, total 2200. I believe it ...
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Greetings Everyone, I'm looking to get bids on my first solo flip in Orange California. I have been getting crazy numbers from contractors and I understand California isn't cheap, but I was hoping to get advice on how...
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Hi everyone,
I'm currently stuck in my real estate journey. I purchased a house last year. I bought the house for 287K, and after renovations it now appreciates for upwards of $450K. I'm a 1099 worker. I rent out the...
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How long do your renovations typically take when hiring a gc? Wrapping up renovations on one side of my first duplex and I closed in July. Flooring, Drywall, refinish basement, roof, gutters, tuck point around house, ...
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I have a cabin that I've been STRing since the summer of 2016 and was just notified by the insurance company that they are getting out of my market due to concerns about fire. I'd LOVE to get referrals / recommendati...