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In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...
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Is it better to invest in 1 rental home in a nice area, or 3 rental homes in mediocre areas?
Assuming someone has $300,000 to invest, that would mean buying a $300,000 home in a nice neighborhood that will rent for a...
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I'm going to start doing buy/rehab/sell deals with a money partner. We'll be 50/50 profits and losses. The purchase and rehab will be funded 100% from his money. I will be doing all of the finding and project manag...
I am looking to build a mini storage, but I'm trying to estimate costs to build. Does anyone have any tips on estimation on 3 acres?
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My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...
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I need some guidance since i have got diff opinions from diff CPAs on my situation. I have three LTRs (in TX) owned by a TX Series LLC. The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson ...
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Hello, I have multiples rental 2/1 apartments Florida rented for low income tenants ($650). Most of them have central A/C but I found out that these are really pain in the neck and very expensive maintenance. The tena...
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I know it is illegal to discriminate, but has anyone purposely created a STR for physically handicapped vacationers? I am purchasing a property 3 blocks away for a large, well-known medical establishment (3 hospitals,...
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I want to build a 12 unit apartment building. I have $120k saved up. I would be willing to use all of that as a down payment. I'm 27 years old and my only credit is from paying credit cards and my student loans(bo...
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I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...