Torhi Joseph
FHA Appraisals on Multi-Family Residential Properties
Hello all,
I know 2020 is making it tough, but I truly hope that you all are in great health and spirits!
This is the situation:
I am a Real Estate Agent here in Tampa, FL, and I am working for a fellow BP member ...
Stanley Choung
Breaking a laundry lease
Anyone with experience breaking laundry leases? I have two leases with two different companies in South Florida that I can't break. One was inherited with the property, the other one I signed. The terms of both are si...
Jay Cai
Purchase rental property by Personal VS LLC
I am thinking to purchase my rental property in LLC. So far, I was told the mortgage rate and insurance for LLC will be higher than personal. Are there any additional fees if purchasing the rental fees by LLC? If so, ...
Jeffery Suddeth
Question about creating an LLC
A friend of mine is an insurance broker. He said most of his real estate clients create a separate LLC for each property. That way a tenant can’t sue for other properties you own. Is that what most people do? If you a...
Chris Battaglia
MHP LTV/MHP Contract Assignment
Hey All! My partners and I currently have a 34 unit MHP under contract in Upstate NY. We just got a commitment letter yesterday from a local CU yesterday and the LTV came in at 75%. We're a bit bummed since we were re...
Lila Chen
Cash flow vs Appreciation
I am considering whether to focus on properties that generate cash flow or those that have potential for appreciation. I am looking to understand the pros and cons of each approach, as well as the risks and potential ...
Andrew Erickson
Buy Grandma's House on Lease-Purchase?
My grandma is in a very nice nursing home. Her house has been vacant for almost 2 years now. My dad and uncle are trying to deal with her stuff and everything else that goes on with that part of your life. They are co...
Eric Perez
Best strategies for a college graduate during these COVID times?
Hello everyone!
I was looking for some insight into what others are thinking about the best approach at real estate investing as a soon-graduating healthcare worker that will soon be making moderate income (~70K) and...
Jessica Wieser
Should I invest in cash or take out a mortgage
I have about 500K to invest. I am a new investor and have not dipped my toes into the pond yet. I want to make a wise decision for my first investment. I am in the process of educating myself on options. I am consider...
Sarrowar Hossain
Structuring My First Deal
Hello fellow Canadian BP members, I am the verge of doing my first real estate deal and I am a bit overwhelmed, so I would like to clarify some of the things. I am looking to structure a lease option/rent-to-own deal ...