Hello everyone,I am interested in buying a cash only property using hard money, rehabbing and doing a cash out refi to hold the investment. I understand that you need an LLC to get the hard money loan which isn't a pr...
Hi All,I am in the process of starting my first direct mail campaign and I am trying to secure funding partners should I get some responses. The initial hard money lenders I have spoken to seem to only want to lend to...
For me it's a NO if the adult tenants simply don't have enough income or a low credit score. I've only done it for students, recent grads, or recent immigrants. I just said no to a family of 3 with only 2.4x the rent ...
Hello BP community,
I rent out my condo unit in a building that has 15 units. A couple of months ago, my tenant called me and said that the main shower was making a screeching noise when it was on. I contacted the ...
New here and still learning…
So I walk into a local store and meet the owner (super nice guy, late 50’s) and get to talking to him for a while. Turns out he’s a REI as well as a business owner in his hobby/trade. He’...
Hey Cleveland REI's! Going into my first winter as a landlord and curious to hear about how you all handle snow removal. I've read multiple views and it seems I could write it into the lease to have tennants handle, h...
Hi everyone, I currently own 20 properties and am considering selling about half. Am I safe to sell now and remain under current capital gain taxes or is there the possibility of taxes going up and any property sold ...
Is it possible to combine 2 LLCs? Lets say I have 100 identical single family homes in one neighborhood owned in two LLCs. 20 are 100% owned by one owner. The other 80 are 50/50 between the original owner and ano...
I am starting out without a llc for my first deal. Can i get hard money loan if I need cash without a llc? Or private investor funding as a individual wholesaler if needed?
I am looking forward to gaining the wisdom and knowledge needed to successfully provide families with access to quality housing. I look forward to connecting with many of you who have already acquired and managed rent...