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Hey gang. I've heard about turnkey companies (properties that a company owns, is already rented, and ready to sell with tenants in it) but am not familiar with any names of companies. Does anyone have recommendations,...
I was looking at the returns of Facebook vs Real Estate and I was well, surprised. . . .I bought a property in Phoenix using "Subject To" (very little down, & taking over the loan) and turned around and sold it fo...
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Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
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Hello folks!I am closing on my first package of multi-family properties here in less than a month.I will end up with 1 quadplex, 3 duplexes, and one 1br/1ba little block house.My question is how to handle my insurance...
I am looking to buy my first unit, a condo in downtown, to rent out and i am wondering which management company i should go with since there are so many. Here is a link to a TON of local prop management companies. htt...
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Is it normal for Property Management companies to ask for 50% of first month's rent for a new lease and 25% for every lease renewal. There's no cap to this amount. I have seen this is in two different markets though n...
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In response to my listing on Craigslist, I got the following email. It sounds like an interesting concept. Has anyone else had experience with this?-----------------------Noticed your rental and it looks great. My com...
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I own a fourplex in Indiana that is zoned residential and thus taxed and insured as a residential dwelling. I am in the process of purchasing another fourplex, about a mile away in the same zip code, but for whatever ...
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Hi Everyone,Quick question. I heard it is a good idea to have separate bank accounts per property. Is this recommended? Are bank accommodating?Thanks!
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GuysI would like to sell a land owner finance, so I need to create a note.My question is what steps do I need to do to create the loan contract or the whole paper procedure? I am located at Houston Texas.I appreciate ...