Davis Stoner
Funding 5 houses on 4 separate tax parcels
Hello,I am looking at purchasing 5 houses (currently long term renters) and turning them into STR's. They are all deeded separately and 2 of the houses are on the same deed.Is a portfolio/blanket loan required? Or wou...
Joseph L.
Purchasing Property Situated Across Two Separate Tax Parcels
Hello All,In Louisiana, has anyone purchased property situated across 2 separate tax parcels? And if so, did you use 1 purchase agreement or 2 separate purchase agreements to correspond with parcels.I'm working to get...
Lucas Lawson
Buying multi-family with separate meters, owner pays
I am looking at property that already has leases in place for all tenants. The property is separately metered, but the owner is paying utilities. Do I need to wait until the leases are to require them to pay utilities...
Chris R.
Converting Landlord Paid Heat Equipment to Separate Metered
We bought a three family multi this summer in NH that was previously owner occupied for many years. The last owner provided the tenants hot water radiator heat via a single thermostat for the building that he controll...
Nikki Garcia
Seller put a two separate contracts on house
Just a quick question we put a contract on a house. A week later our realtor informs us that the seller (an older gentleman) entered into another contract and accepted earnest money a few days after signing the contra...
Mike Sola
Partnering on a property with two separate LLCs
Hello everyone!I am still extremely new to this and I am starting to find my first property. My friend and I were looking to partner up on some deals in the future. If we both have our own separate LLCs, would we be a...
Bill Horton
Are NNN charges paid separate from base rent?
Historically we have used modified gross leases for our office/retail building near Portland, Oregon. I'm working on changing so our leases for new tenants will be NNN. My question... When NNN tenants pay their leas...
Susan Jojola
leasing basement & 1st floor separately: considered apartments?
I want to separately lease the basement and main floor of a ranch house. Is this considered renting a home or an apartment? Is there a need to differentiate?
Raza Rizvi
Adding gas meter to separate heat - Bronx MF
Hello,I just purchased a 2 family house in the Bronx. It currently has one gas meter but electric is already divided between the 2 units. I would like to do the same for gas. I am getting a quote for approximately 10k...
Joel Brown
Single meter for separate tenants in a duplex
I passed on a deal a month ago, but the chance has come back as the sale fell through due to financing. My hesitation was that it is a twin home (I'd be buying half) with a mother in law apartment in the basement (goo...