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I have been running a DM campaign now for about 6 months and I want to be ready for the houses that I can use owner/creative financing to purchase, but not in my own name. My question is WHEN do I form that LLC. Is ...
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Is there a method to servicing the debt that is accumulated through the financing of the properties? If you have 5 properties and 3 go vacant and the 2 that have the income do not cover all 5 what are the best safety ...
Hi!
I'm recently viewed a "Three Unit" property in San Diego. After walking the property I found out the the two story "2 unit" building in the back is actually a permitted 1 bedroom 1 bath and an unpermitted studio....
We are looking into buying a house that was recently flipped. We will be going the FHA route. However, the garage was not touched at all. I'm afraid the inspector will reject the loan because of the garage. It has two...
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Hi All,So I'm not sure if there's a better way to do this, but I'm trying to determine which investment strategy makes the most sense from an ROI standpoint, notes vs buy and hold, so I made a spreadsheet to determine...
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I have an interesting situation that I am looking for some advice on. I own sober living homes for men looking to recovery from substance abuse addictions. We are ready to add more houses.Problem: We may no longer be...
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I have a tenant problem question. Just a problem I’ve never encountered. I have a t
tenant who has always paid, although mostly late. She keeps the place in decent shape. There are some repairs that need to be done ho...
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This will sound like a bad movie but I have a tenant who is living in one side of my duplex. They have no water, gas or power. I know they can not turn water on because their account is flagged for fraud by water comp...
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Hi all, wasn't sure if I should post this here or in the HH forum as it relates to both. I've seen a lot of people post in the forums about if you're house hacking, to not let tenants know you are the landlord. This m...
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My wife and I bought a single family primary residence two years ago and are finally ready to convert it to a rental property. Besides the basics of a lease and collecting rent, what do I need to be aware of? Are the...