Michael Guay
Group House Hack - Bad Idea?
Hi,
I'm currently in the process of looking for property to house hack in the Boston area after I graduate college in the spring. Since Boston is such a hot market and prices are much higher than other markets, I was...
Richard Campbell Jr
Creating an LLC
Happy Memorial Day Weekend!!!I own two investment properties and I don't have an LLC started yet. I plan on creating one but I had a conversation with my sister (she is a commercial litigation lawyer) and she said I s...
Robert Murphy
Flood Insurance is Changing Things you should know.
NFIP 2.0 - What’s Changing with National Flood Insurance and Why You Should Care.
It’s been a long time coming, but reform to the National Flood Insurance Program (NFIP) is on the way.
Risk Rating 2.0 (that’s how w...
Jared Crocker
SBA Loans for Credit Card consolidation
Does anyone know if you are able to use the SBA to pay off higher interest credit cards? Seems like a dumb question but i do not know the answer. Any help would be greatly appreciated.
Dana Butterworth
Lease Renewal when military member is deployed
Hello all,
My husband and I have a rental property (former primary residence) that we've rented out to military families for the last six years. We currently have run into a situation that we've never had before and...
Solomon Simmons
How to get approved for a mortgage as an LLC with no income?
Here me out here. I am officially jumping in and purchasing a rental property but deciding to run as a Sole proprietor or LLC. The only issue is as an LLC, I must keep my personal finances separate from the business’....
Andy Chen
Section 8 request, how can I respond?
Hi, I am a new landlord.
Sorry if this has been asked. If a applicant is asking if we take section 8, what can I say legally?
My property is not approved for section 8 and I am not intended to apply for section 8 an...
Brandon Eleazer
Add a partner for equity in exchange for cash
hello BP,
For those who've owned rental property outright...here's a scenario:
Single family 3 BR currently rented for $1150 per month.
Purchased cash for $50k + $12k to fix it up. With settlement...
Aaron Porter
Automotive repair facility in UT
Investment Info:
Industrial other investment.
Purchase price: $350,000
Sale price: $405,000
Operational automotive repair facility that worked on all makes, models, and types of vehicles. I did not ...
Stefanie M.
New to Investment Real Estate: Multi Family v Single Family
Hello!I'm interested in getting into the beginning stages of investment real estate - either multi family or single family - and trying to gain a better understanding of both options.Currently, I live in NYC, so this ...