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Our Company normally buys distressed property to get cheap building lots which we keep to build our energy efficient rental units on. In our recent travels we came across a Distressed MHP (40 units) on 50 + acres. Man...
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Hello, looking for tips on LLC formation for real estate investors. Can I use a previously existing LLC? Would I need to re-write the operating agreement if it was not previously used for real estate? Should I start a...
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To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...
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We recently formed an LLC and transferred the titles of our two investment properties to the LLC. Also we set up separate bank account, credit card and insurance to keep finances separate as we were told to do.Just re...
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Hi, I am working on my first flip and have started bringing in GCs for estimates. Since I know a lot of individual contractors, would you recommend speaking with electricians, plumbers etc to cut out the middle man an...
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How do you all screen illegals for a rental property? They have an ITIN but no social. Can I ask the police to check for something?
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Hey everybody. I've dug through the forums and seen only a few light discussions on this issue, which confuses me a bit.
I've read a lot about BRRRR, and everybody talks about buying/rehabbing with hard money and ref...
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2 months ago congress women AOC rallied for a stay on evictions and rent forgiveness! Today I am shocked to learn President Trump wants to do just that. He plans to stay evictions until the end of this year for renter...
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I need advice on how to wrap up this deal. I located a mix use property in Queens NY, 2 one bedroom apartments on the top floor, store space on main level. The main floor was being used as a women's sorority. This pro...
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Howdy everyone! Our short-term rental portfolio has been growing like crazy, and I've recently had multiple people approach me about managing their short term rentals for them as well. I'm excited to try my hand at th...