Joshua Michael Hauman
Should you pay off a house completely?
Paying off a house completely is a trap. You should avoid it if you want to amplify your wealth.Here’s what to do instead:Successful investors own nothing outright. They sit back and wait as their properties go up in ...
Aaron Barrett
What can I charge for rent?
I own a 4 bed 1.5 bath single family home in central wi and plan on buying a new home and renting out my current home. It has a 2 car attached garage and is probably
Ysanne Isard
LLC question and management
I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.
I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue th...
Clara S.
Steps to buying out a business partner
One year ago I bought a 4plex, my partner did the renovations in exchange for 40%, he did great work. I am 60%, he is 40%. The title is in my name, I put 20% down. We have an LLC, we operate medium term rentals in the...
Edouard Pierre
Laundry Options in Chicago Multifamily
Hi BPers! I've recently rehabbed a 2flat and have closed on a pretty turnkey 7unit building. I am going to provide coin-operated laundry units in the basement of both properties. Thinking 1 set for the 2flat (2 units)...
Neel Iyer
ARM versus 30 year fixed
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
Troy Fisher
Seattle wants to be like San Francisco! - New Rental Laws Passed!
http://www.seattletimes.com/seattle-news/politics/...What do you think about the new First Come-First Served regulations? Along with the strengthening of the "source of income" protected class. This means that someo...
Jonathan McGarrity
Financing for new LLC
Hi all,I am new to real estate and will be forming an LLC with a couple partners and am wondering how we will be able to get financing. The LLC will have no history and no assets. Will lenders look at all of the owner...
Jeff Piscioniere
Mortgage originators for lower cost properties
Happy Mother’s Day weekend BiggerPockets family! My partner and I are looking to get our plans underway on buy and hold rental properties and I think a concern is going to be on lenders who have a minimum loan amount...
Louis L.
Refinance Vs Sell multifamily rental
Upon completion of a multifamily building renovation - do you usually sell the entire building, or refinance it to get the equity and hold it for the residual cash flow?As far as a business plan, I am struggling with ...