We have our eyes on an out of state multifamily 80 units property right under $2 mil. The numbers look very good, meeting the 2% rule. The location is good, safe, but the schools are bad. The seller is putting in an c...
Let me start by saying I am all in on RE. I have an MBA, spent years learning about RE before I pulled the trigger. And when I did, I bought 5 houses worth over $1M in 18 months with only $100K of my own money. So I f...
Hi everyone, this is my first post here :) .. Recently I've developed an interest in rental property investment and am trying to figure out what resources/factors to consider when determining where in the US to get it...
Hello, we did not specify any move out time in our lease agreement. I was wondering if my tenant has right to stay till midnight on the last day. The house is in California. thanks
Who here is a full time wholesaler? If you could go back to the past and talk to the ‘you’ that was JUST starting out before having closed your first deal, what would you tell yourself knowing everything you know toda...
Investment Info:Single-family residence in downtown Arlington Heights, IL (Chicago suburb)4 bed, 2 bath, 1,700sfPurchase price: $305kRehab Costs: $42kHolding Costs: $16kClosing Costs: $15kSold Price: $430kGross Profit...
I am having a dilemma on picking the proper location for an "eventual rental" Currently I am looking to pick a primary residence for myself as I do not want to pay rent anymore. My current job gives me the flexibility...
Hi All,I have another 2flat + garden deal that i wanted to get some input on. I will be financing it with FHA and plan to live in it for the first year. I would like to refinance in about 6 months once i sell a couple...
How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
I'm a St. Pete based RE agent looking at purchasing rental property in the area. I'm having trouble making the numbers work due to the surge in home values following the pandemic paired with higher interest rates is m...