Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $248,000
Cash invested: $11,000
Purchased 1914 home - 2br/1ba - renovated, that had a guest house in the bac...
Hello everyone! We had a situation that we are curious if anyone has seen or heard of before. Any feedback would be appreciated!There is a 2 unit property for sale that we recently looked at. Side by side units, 3 bed...
Any of you veteran NC LLC owners care to advise on any tips for forming a single person LLC? I'm reading that it may be a good idea to create a separate LLC for each investment property as well. I'm aabout to start th...
Hi all, I am looking at buying townhomes and condos as buy and hold rentals. Some complexes have a portion of the utilities included in the HOA dues, so that tends to push the amount of the HOA dues way up. So my ques...
Hi All,I am closing on a duplex next week in Jersey City NJ.I would like to add a water meter for the upstairs apartment.I will have a plumber establish that the plumbing is done with two separate risers and it can be...
Hey guys, quick question. If I'm married would me and my wife be able to use FHA loans separately?
Ex. I use mine to buy our first property/home, then a few years down the road she uses a FHA loan to buy our next pr...
Our property manager recently quit on us and so I'm going to be taking over for the foreseeable future. The only problem is we travel a lot and I'm trying to figure out a way to collect rent without actually being her...
Recently I was contacted by my property manager about the roof on my property possibly needing replacement. The roofing contractor saw a lot of storm damage and suggested I call my insurance company to file a claim. A...
Hello brain trust,
I'm purchasing my second property in Ohio as an out of state investor living in CA. Everything I read said to put each property in it's own Ohio based LLC and each with its own bank account.
As...
Here is my statusI have 10 properties, two of them recently paid off. Ultimately I’ll do 10 LLCs for each one, but for now I have started two new ones for the paid off units, and the rest are still in one.I was told ...