Hi all! I'd like to make my first multi-fam purchase with $0 of my personal money (or very low $$'s, percentage-wise). I live in NJ, particularly in an area where multi families are expensive (2-3 unit "building", whi...
I found good old house (100 years) that requires some TLC and happen to be in downtown close to Biggest hospital in Middle Georgia Area on Main Street. I’m under contract first time for rental property. It’s 83k plus ...
Hi,I guess this is a question most of us deal with. If I have several rental properties valued around $100K each, and are paid in full, should I create or bunch them into seperate LLCs? Or should I obtain an umbrella...
Hello BP, I am looking into purchasing my first duplex, which I will be owner occupying. I have a question about how to manage my banks accounts. I want to keep my personal income/expenses separate from my business in...
I need help thinking outside of the box on this issue. A 3 day notice to pay was served on a tenant, clearly indicating to pay by cash or cashier's check. The tenant usually makes their rent payment by bringing a che...
Hello, I am getting ready to make the jump into Real Estate. In June, I will have X dollars to invest in buying a home. I plan to add a home or two every year for the next 10 years. From what I have read, it is best t...
How much money should a person have before they start investing in real estate ? How much money did you have ? I know that this is a braod question but I would like to know people thoughts.
Hello, I am looking to purchase a 3 unit rental. A family member currently lives in one of the units and the seller has no mortgage on the property, but is elderly and ill. I have excellent credit and a debt to inco...
I closed on my first out of state deal on the 30th of December and have tenets moving in very soon. What is recommended for bank accounts for the property, should I open account in the area of the property of could I ...
Hi All. What is the best way to do this? There is money in our business LLC bank account, however we'd like to transfer $6000 (the annual max) to a personal Roth IRA. Any tips appreciated, thanks!