Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $235,000
Cash invested: $25,000
This property was my first investment and were I was able to learn a lot abo...
Hello - My friend just bought a duplex to be a rental property where he had to put $60K down as a down payment. He said if I pay him $30K I can be in on the deal and we can split it 50/50. I have a few concerns and wa...
The current lease will end in about a month. So I start looking for potential tenants. Most of the inquiries expect to take a tour at the house. Given the existing unique situation of the COVID19 outbreak in NJ and un...
As i have been searching for more and more information to help me better analyze deals i have come acrossed conflicting information regarding how to calculate NOI. Some information include the mortgage payment in the ...
Hi all, I have a family member who is trying to give me property. The property is located in Virginia. Given that there will be no exchange of cash or any other considerations, I believe I will need a quit claim deed ...
My husband and I applied for an LLC last week but want to start now instead of waiting for approval...has anyone here did wholesaling without your LLC?
Hi guys,I want to make an offer on a property with a converted garage, where the converted garage foundation definitely has some cracks. It's covered with carpet so can't see. I know lenders won't refi houses with fou...
Hi all!I recently bought my first rental property and up to this point it has been almost maintenance free. Recently one of the tenants let me know that one of the windows is broken. I really am not concerned if she b...
Is it important to start an LLC when investing in rental properties? Or is this an unnecessary step for someone just getting started?
I'm looking for a little guidance I bought a duplex with the plan of living in one side and fixing up the other, renting it and moving on to more properties. The plan was that we were going to shed all of our unnecess...