Nelson Del Castillo
Splitting utilities when you don't have a separate meter
I have a 2 family house, the first floor unit along with the garage and basement lights, are all on one meter. Previously the first floor apartment was rented to college students so I would pay for all utilities... We...
Account Closed
Take me to dumb school....Investment Property Equity
I'll keep in brief. What is the general philosophy regarding paying off an investment property?I'd really like to hear the opposing sides. More equity means lower payment and higher monthly cashflow...my beer math tel...
John Watson
Allocating common deductions when you own multiple properties
When I have a common expense such as buying a tool (i.e. a lawn mover) that I use for multiple properties, how do I allocate the deductible expense to the multiple properties I own? Based on net rental income?
Shirley X.
Lender changes rate after appraisal??
Advice needed from BPers!!!We are in the process of closing our first MF with a conventional loan. The locked interest rate was 3.75% for 30 yrs. One week after the executed P&S was submitted to lender, and follow...
Jaime Kosofsky
Investment Properties
Over the past two weeks our law firm has seen a new trend in our market. We are seeing the real estate investors who bought large numbers of property, finally start losing their ability to pay. The typical scenario an...
Amy Serafin
First Time Buyer- Help Needed
I am new to real estate investing and learning a ton everyday. Currently I have been actively searching for a 2-4 unit building in the San Diego area that will double as my primary residence.
Currently I am preapprov...
Alex Caballero
Seeking experienced members advice for a partnership of beginners
HelloMy name is Alex and I am in a partnership with two individuals that are looking to create a real estate company. We each have had interest in real estate for sometime but now have the availability to do so. We ...
Steve S.
Do you do an Estoppel Agreement when acquiring a property
that has tenants in it already and under a lease?What other considerations do you make in this scenario?
Arcinio Arauz
Question on lien, change of title & recourse
For the sake of asking this question I ask by scenario.... What if a property was gifted to me via quit claim. After looking into the title records I find "an order of the court" by which a creditor lien was attached ...
Yinan Q.
Two LLCs own one property?
My partner and i are planning to buy a property. We each have our own LLCs. I am wondering if we can fund the property with our LLCs 50:50? In other words, can a property be owned by two LLCs? This way we don't have ...