I am seeking general guidance to ensure I set up the correct legal entities and comply with the laws.I am very excited to be working on my first REI deal in Virginia. My close friend / business partner and I have team...
I am going to be ready to list my 1st FLIP fairly soon. However, as an exit strategy, I am going to refi if I cannot sell the home in a timely fashion and pull my $ back out so I can do it all over again. So the qu...
Hi,the house I have for rent has attic access in the bedroom and also in the garage (pull out ladder). I don't want tenants to go up and put stuff there really, do you receommend me to put a hasp and padlock on each?...
Hello BP, I have a question regarding a 1031 scenario that the answer isn't perfectly clear to me and the ramifications of not spending all the money from a 1031 exchange. I am going to round numbers to make it simpl...
Hi All!I recently became involved in the mobile home park industry with a new partner who has been doing it for a few years. As we are fixing up the parks and selling manufactured homes in spaces, we have been using s...
Hello, Im Fannie and Im a newbie REI. I want to start Wholesaling and also get Rentals to start building my portfolio. With that said, I have the financing but not the LLC, I want to go about it the right way and make...
I am currently a real estate agent living and working in Houston, Texas. I have been doing it for about 2 years. Also, about 2 years ago I purchased a condo in a building in Midtown. When the area was completely unp...
Good evening good people, Bought a property in the vista, CA area. There is a main house with a back structure, looks like at some point it was a garage. It was converted to a two-story living space, about 2000 (sqft)...
Hello everybody,
I am looking at buying two fourplexes right down the street from one another.
Will the bank look at this deal as a standard residential mortgage or will they view it as a commercial/multi family de...
Hey y'all, I just wanted to get some insight on this situation.
As a pervious post mentioned my grandfather isn't doing very well and has ended up in a VA home. My aunt has a PoA and has considered selling me his ...