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looking into acquiring a buy and hold property, preferable a smaller multiunit. I was wondering if any investors had any experience in townhomes vs condo's and which one is more advantageous as far as property tax a...
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Hello,I'm posting for an extended family member who is going through a trying time and I think he has gotten some bad / incorrect advice. My aunt and uncle are elderly, and have reached the point of requiring 24hr in...
Hello!Could you offer some advice?I was just approved for a $250,000 mortgage as I am a small business owner and write off most of my income. My business is in LA county and, obviously, $250k will buy me nothing to pe...
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Question. I have a four-plex that I pretty much stole, and that I currently own in cash. I paid $200,000 for the asset, invested about $50,000 on the rehab, and was able to take the rents from $2,000/Month to $3,600...
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Hello all! I own a duplex in the city of Cleveland and would like to know if I need to file a tax return with the City as well as the state. I viewed the website and found a form that appears to be for rental income b...
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Yes Im cluttering this board with another LLC question.
Im dreading having to pay $800++ to california for a LLC. Id rather take that and spend on marketing. So Im looking to setup a LLC out of state for now. When I ...
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We bought a shopping center two months ago. It's our first shopping center, after previously owning 4 warehouse/flex industrial uses. The center is very well maintained with tremendous upside- the previous owner was a...
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Hi, I want to be a real estate developer, and I want to know what the best path for me to take is considering my current position. The type of real estate development that I want to do in the future is Spec homes and ...
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I'm an SFR investor interested in buying NNN property in bad shape for 500k and to renovate it for 600k-1mil (to take advantage of the tax reform benefits). Are those numbers realistic at all for investment in NNN or...
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Hey everyone! I'm looking to purchase my first property and am currently looking at a turnkey house with a large deck outdoors (12x24x5 ft). From my initial research, it looks like today's rate for new decks is $35/sq...