I am considering switching to a heat pump with an electric heat strip for supplemental heating in our two-flat building, with plans to add a third unit in the future. Currently, we have a 200-amp service to the buildi...
So I’m a relatively new landlord, and I have a property with a basement I consider to be somewhat hazardous (more like a really large crawl space). To protect my own liability, I’ve
I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...
My partner and I purchased a single family home through our LLC (commercial loan) in October of 2020. At that time, we paid $55k for the home and it appraised for $72k. Since then the market has increased and we put s...
Basically as the question says. I do t want to waste money on a subpar list if it’s not needed.
Let's say before I purchase any house, I have a combined DTI with my wife of 13% (Assuming gross income is used to calculate DTI). Let's say we use our combined income to then purchase a property we will live in and N...
Hi folks!First showings today! 4 applicants applied. Looking for some advice on next steps! How do you do it? Is my proposed way good? I was thinking of reviewing all applications and putting in order of most qualifi...
I have found an opportunity for acquiring 9 properties that all have steady long term tenants in them. These 9 properties have been a part of an 12 property portfolio that fall under a note of an estimated $1.2m, the ...
If you have a 3br & 3bth townhome and the new potential tenants are four friends who want to share the bedrooms, is there anything in violation if you rent it out to the four and let them share the rooms. Is there...
Does anyone have income from one LLC flow directly to another LLC that they own?I own 25% of an LLC for flipping houses and similar. I own 50% of another LLC for building homes here and there. I am thinking to open a ...