Jim Huber
Lease Option Question
I have a Tenant who has a Lease Option to buy and a Rental agreement on one of my homes.This lease option contract comes due in the next few months and I am certain this Individual will not be able come up with the Fi...
Sue McCormick
Heating Method of Room Addition
HELP! I just purchased a home at a tax auction. My goal is to turn the addition into a master bedroom/bath but the addition basically sits on top of the garage. It currently has baseboard electric heat, but that won...
Will Short
Choosing the right business entity
This may have been addressed somewhere else, but i haven't been able to find anything that pertains specifically to contractors. I recently got my residential contractors license in Florida and formed an LLC as the on...
Hoa Nguyen
Contract For Deed as seller
Hello all, looking for some clarity on a potential Contract For Deed sale. I possibly want to sell one of my properties to an investor connection I have via CFD. I am still confused on the process, specifically with t...
Robert Barnes
Need help Duplex/ Househack
Need help buying a duplex for 112k. Planning to house hack. Bank appraisal came back at 115K. Buying unit with 3.5% down FHA loan. The empty unit is move-in ready no repairs needed. Unit with tenant need 1100 dollar...
Dr Democracy
Am I on the right track? What are your thoughts on this San Diego property? (link included)
I found this forum about a week ago, and I've been reading through it every since.
To give some quick background, I expect to have a small amount of cash ($50-60k after taxes) sometime this July, and plan on purchasi...
Andrew Michael
Quadplex. What would you do?
Hi all,I will try to cut through the fluff and get right to it. I have a quadplex that I am going to submit an offer on however I wanted to get feed back from everyone. Lots of factors here, some manageable some not...
Briana Nasman
Banking for multiple properties
Hello!I have two rentals and am about to acquire my third. I'm putting them in their own LLC under a parent LLC so I only have to file taxes for the big boy. However, I'm a bit stumped as to what is the most effective...
Samuel Kowalsky
Apartment depreciation cost basis : 0% land ?
This may seem like a silly question, but there is surprisingly very little literature that answers this question head-on : my spouse and I bought an apartment abroad, that we will rent out once we have put it in renta...
Tyler D.
Details for my first property. Is it a deal?
After several weeks of searching, I'm about to put in an offer for my first purchase. I'm about 80% ready to go but want to know your thoughts on whether or not it's a good deal.Price: $45kRehab: $3-5kRent est: $600-7...