Isaac Fridmann
Definition of Updated Plumbing
Hey Everyone!I'm analyzing my first fix and flip deal. In the comps, I see a lot of brokers wrote in the description "new plumbing". If the subject property has cast iron pipes, does that mean I need to replace all t...
David Drew
Should I have my LLC taxed as an S-Corp?
I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold propert...
Roman Rytov
Leveraging appreciation - HELOC or sell?
I have three duplexes with interesting characteristics. When both units are rented the CoC (after insurance, taxes and PM fees) are about 20% CoC which is very good. On the other hand, the vacancy rate is the highest ...
Gene Walker
adverse / exclusive possession
What in layman's terms does taking exclusive / adverse possession of a property in Alabama mean when you have purchased a tax certificate or received a tax deed for vacant land? Some of the forum discussions here men...
Stephen Chittenden
Appraisal - Below Grade
I'm not sure if this is the right forum, but here it goes. We're looking to sell the townhome we live in. The home is a 24x48' attached middle townhome. It is four levels. You enter on the second floor, which in t...
Nettles Mason
executer of an estate
I have a deal I am working on that has a motivated group selling their parents house. The trustee (responsible child) has payed the equity line while the other 2 children just want the equity for the past year. The...
Mackal Smith
There is always a way...
I started real estate investing later in life than most I suppose. At 55 I decided I needed to diversify investments and had always wanted to invest in real estate. Starting at this age provided me some distinct advan...
Christopher Blunt
Land Dispute Opportunity
We just recently bought a house that started as a single family house but now is attached via roof line to another house on the same plat. There is no HOA. But the land is common area even though there is a fence mar...
Tajinder Kandola
Can you use private money For rentals?
Can you use private lenders for rental use or is that only for flipping?
La T.
Business liability coverage for an LLC
Hello,Can someone share information on Business liability coverage for an LLC created to hold investment properties?Does the insurance need a 'person' on the policy or can the policy be in the name of the LLC?Is there...