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Why do most landlords pay the water bill in a rental unit?
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I'm looking at deal in Kansas that's a little unique. The property consists of two quadplexes and a triplex on one parcel of land. Currently working with the local city to get the parcel broken up into 3 separate pr...
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For those that do fix and flips or do maintenance on your own properties, do you set up a separate “maintenance company” for the purpose of owning and replacing tools and equipment?
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I currently have 3 free-and-clear rental properties in a single-member OH LLC (I live in CA). Since that LLC is a disregarded entity for tax purposes, I use Sched E on my personal return to account for the OH rentals...
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What do investors do when they have multiple properties? For example, 15 different properties for rentals, do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...
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Hello there,
Bit of a newbie here.. and I'm wondering if you could help me.
I'm looking at purchasing 3 units that the owner is selling all together. It's not exactly a triplex, so the personal mortgage lender woul...
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Hello BP
My name is David I am a new investor and currently in the market looking for my second deal. First deal was a two family house hack using FHA. This deal we are looking for a distressed property and plan to ...
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I want to purchase an investment condo for $150,000.I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.Can I get a 30 year fixed conventional loan for $10...
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hello everyone, over the past couple of years we have purchased two single-family homes and also built a guest house on our property. I now have three tenants and I lease part of one of the properties back to my busin...
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Hi all,
Just wondering how often someone should/would back out of a deal after a scary inspection. Here's what happened:
I found a $75k, 100 year old in C+ neighborhood on the MLS. After running the numbers, it...