Bob Foglia
To LLC or to not LLC?
I am a relatively new investor and haven't yet put any properties into another entity. I currently have two SFR's (self-managed) and am in the process of turning my current primary residence into a third SFR and movin...
Shivam Patel
Tenant Occupied Small Multi-Family - Landlording & Managing
Hello,I just got my first tenant occupied Triplex under contract and the leases don't run out till June 2022. I plan to vacate the two units in the front at least, do some remodel and move in ourselves. The third unit...
Mike Lee
When do you decide to sell a rental?
Having coffee over the weekend with a younger investor in Atlanta, I had a question posed that could be worth discussion here. This young man is just starting out in his investing journey, turning his former primary r...
Account Closed
Help with Lease Agreement Package
Hello all, as the title describes can anyone spell this shit out for me? I live in Kings county California, I got my R.E License this year and will be renting out my primary residence as i am in contract to move to Fr...
Michael McCarthy
Sweep strategy with HELOC?
I have two rentals that I bought in the last year, both purchased under a HELOC. I just refinanced one. After reading @davevanhorns email mentioned paying down mortgages with sweep accounts. I can't find much informa...
Josh Mills
Creative Ways To Purchase a Distressed Property
Hi all!
Looking for creative ways to buy a pre-foreclosed property, the situation is below.
The owner owes in the 400's on a property that is zoned 2 fam but they converted back to a 1 fam. Listing talks about t...
Gulliver R.
Structuring mobile home parks in different types of entities
Hi all,
I have heard two good ways to structure mobile home park ownership:
1. The Owner owns one Primary LLC > which then owns several Land Trusts (for anonymity) > then each Land Trust each hold title to one...
Troy H.
Ownership partnership split
Hello, I am currently in the process of buying a 4 plex and I have an investor that wants to give me a sum of money for part ownership of the property and I don't know how to structure the deal. My name will solely be...
Michael Ciesielski
First investment property
Investment Info:
Single-family residence buy & hold investment in Flint.
Purchase price: $67,900
Cash invested: $5,000
Initially purchased August 2018 as primary residence, in January we converte...
Peter Brown
1 house 2 lots swimming pool straddling both lots
There is a house being wholesaled and it conveys with two lots. My idea is to buy the property, resell the house on the first lot at a small profit, while keeping the second lot to build and flip a house later. The ...