Looking to get opinions on whether to sell an existing rental condo unit or hold on for a potentially bumpy ride. My apologies for the lengthy context.Purchase History: $180,000 in early 2009. Located in greater F...
So, it begins.A wholesaler on youtube, states that a close friend of his inadvertently has gotten wrapped up in a very serious investigation. It appears he wholesaled a property that someone had forged ownership on. O...
Hello, We are buying our first rental property, a small townhome, and I am confused about how to best protect ourselves from tenant suits. My understanding is it’s best to set up an LLC but we would not qualify for a ...
I moved into a condo complex in April 2018. At that time the reserves were around 180k. I became the president of the board in Jan 2019. I am now looking over financial records from 2015-2018. Our reserves went from $...
Looking for BRRRR mentor in Florida that i can learn from.
Just looking for opinions on this..Current situation is 25k of personal savings, looking to buy my first rental house between 60-85k, 30 yr fixed, plan to mortgage around 400, rent for 900, profit 500 per month which ...
Im just repositing this article from NAR. Easing of the owner occupancy requirement in condos should help maintain condo values.SAN DIEGO (November 12, 2015) – This evening, Federal Housing Administration Principal De...
I bought a house covered by covenants and the HOA keeps threatening me with lawsuit when I replaced an original outdated entrance gate with a new gate about the same height and some AC units on my driveway. HOA reques...
I recently formed a manager-managed LLC with my two children. The three of us are "managers." I will be the President and handle day-to-day operations, while the two of them will have specific roles.
Question: W...
I own a small house in Arkansas that I rent out primarily to nurses (intermediate-term rental) and have a construction company that is doing a local project and wants to house one of their crews in the house for 3 mon...