I am looking to use the BRRR strategy on a 8 unit complex where owner financing is involved. He owns the property free and clear. I have done a similar deal in the past and I was effectively able to :10% down have th...
Hey Everyone,
My name is James Smith Moore, I was born and raised in Detroit, Michigan which is where I currently live. I've been an entrepreneur my entire life from breeding and selling lizards at 15 to launching my...
Hi there, I have a question for property management company owners. I was wondering if it is common practice for property managers to supply bookkeeping services as well? Example: A property management company takes o...
I am still in the process of learning and need some advice on what route to take.
I plan to join my local REI and meet landlords there with hopes to shadow and help out any way I can to learn off of other veterans. I...
When I have a property out of state, is it recommended to form LLC in the state where I have a property ? or we can manage through the home state LLC, any prod and cons Please ?
Hi all, I was hoping I could ask for some advice here. When I first started real estate investing, my mentor told me that I don't have to worry about creating an LLC to start since it'll eat into my cashflow. Howeve...
One of the real estate investors I work with most frequently came to me with an idea last week. His grandmother has a free and clear mansion in the Hamptons, NY. She offered to get a cash out refinance loan against th...
Do I need a real estate license in Missouri to refer rental property?
Managing a property involves a myriad of responsibilities, from tenant relations to maintenance, financial oversight to legal compliance. For property owners, the decision to hire a property manager is a strategic one...
My mechanic is interested in scraping his shop and building an apartment complex. It is an 18,000 sf lot and already has sewer, water, gas, electric. Lets just assume for the case of this discussion that I know what...