Where I live, I have seen wholesalers post houses at 88%. I am trying to get into both rehabbing and wholesaling. I think that if I'm waiting for a house at 70% value, I will be waiting a long time. I'm in central Flo...

PROPERTY INFO


Property Address
4506 Fillmore St NE, Columbia Heights 55421


MLS#
5540705


Number of Units (Duplex, Triplex, 4plex)
2


Crime Rating (Low/Medi...

Hi,

I've heard a lot about "dry closings" and "wet closings", but what exactly are they??

Thanks!

Hello to all out there. I have already asked a couple of silly questions yesterday so i thought i'd continue today with more. Anyways, i've been reading alot about this 50%, 2% Rule over and over but due to my la...

I thought I would share some new concepts I learned.

LLC as a Contractual Arrangement
So numerous cases have cited LLCs as "creatures of contract." One case described that contract as occurring between the members...

I live in Sarasota County (outside of Sarasota City), FL and trying to understand the rules, regulations and loopholes with STR properties. It is my understanding that the minimum STR reservations are at least 30 days...

Hello, I'm a buy and hold Florida investor in the Hillsborough, Pinellas, and Pasco counties looking for additional property management and rehab/contracting services for my investment properties.  If anyone has had a...

Have you ever purchased more property under the same LLC with an existing operating agreement? How did the amendment process go? Did you keep the same agreement?Is it better to start a new LLC with the same members wi...

Does the 70% rule of thumb apply if you are buying with your own cash or get really great rates from a portfolio lender?

Thanks,
Nir

I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house. I past attempts have not been without problems. What categories do you use? Once the house is re...