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Hello, I'm looking to purchase a home that's currently a 5,600 SF SFH, it was converted from a 5 family years ago when the daughter inherited it and wasn't interested in being a landlord. She kept the apartments maint...
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Hello. I currently own a duplex with 3 bedroom units in a small college community (pop. 4100). I currently rent the units for $750 each on a one year lease term. Although I prefer not to rent to students, the area ...
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Let's say you have an investment portfolio of 5 properties. Would it be better to have a separate LLC for each property, or would one LLC suffice?Are there different risks when having multiple LLCs? Are there more tax...
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Two questions here about paying off a PML:1. Does anybody have a document / statement they give to their PML to show the interest paid? 2. Can you provide a sample payoff letter you prepare or have received from your ...
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After reading Rental Property Investing, I’m setting up my processes and systems. With that being said, I'm working on my Pre-Qual questioning; my question is, can you ask if someone is a convicted felon, and is it l...
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My family has owned a cabin on 40 acres in Boulder County, Colorado of 60+ years. We have always fished the neighbors pond and walked through their land on the way into the national forest. Our stream feeds the pond, ...
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Hey guys - So I will be completing my first Rent to Own (not my first deal) and wanted to throw the details out there to see if I missed anything AND I had a quick question on Promissory Notes/Rent Credits in regards ...
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Hello,I’ve located a property near the university that may be perfect for student housing, 7bd/2ba. However, trying to keep 7 students on one lease sounds like killing 7 birds with one stone.My thought was that this ...
Hello,
Some of my pre foreclosure owners are perfect candidates for a short sale, (1st and second notes are about equal to the market value, or are upside down) but they have basically given up on homeownership, and a...
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I’ve recently entered into an opportunity fund partnership. To be clear, I did not passively invest in a fund. I started the fund. I’m a general partner of the fund. It seems all the rules regarding what to buy and ho...