Apparently, I'm guilty of elderly abuse for getting this great deal. I recently posted on my real estate investing IG page about a 3-plex that I was lucky to purchase in late 2018 for $25k, with $2100 rents. It didn't...
Can I use the same contracts for flipping houses for commercial properties in Philadelphia? I haven't flipped a commercial property before, so that's why I'm asking
1.Attorney- Allows you to set up the property business intity. Having a formal business setup will protect your assets and provide tax advantages to you. Your attorney will file your paperwork with the corporation com...
I'm assessing a commercial property (occupied by a major automotive service tenant) and the seller has completed a Phase1, Phase2, and a Phase2 supplemental report as part of the seller due diligence package. The fina...
I'm getting ready to purchase my first commercial property with seller financing. It's a commercial garage around 7K sq. ft. which was built in the late 1960's and will be used as a location for my car wash business. ...
I'm in the process of obtaining a listing and I have listed a property in this same neighborhood the previous year. The issue is, that property had contaminated soil and the seller decided not to sell anymore, and I'm...
Sharing for those that need the info! Detroit Process for Rental Compliance-
Create an ELAPS (accela) account through the city of Detroit and register the property as a rental, below is that portal. The link below th...
Hey all! I've been reading the forums and enjoying and learning from everyones input for a few years now. I'm in negotiations with a seller and would love some feedback from you experienced guys. Here are the detail...
Need advice... TLDR: What to do about a tenant who is now my direct competitor on AirBnB ?Long:I bought an AirBnB property with 2 rentable units: a 1-bedroom MIL cottage, and a 3-bedroom custom home, in a small, sea...
I currently have a few single houses for rent which are directly under my name, and also the mortgages are under my name.
I am considering to move the houses to an LLC 100% owned by me. But I don't think the borrower...