How much is typical price to pay someone to develop land? My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut. Is that excessive? he pays the million for all co...
$269,800 loan. Loan origination charges are $4,670 (origination fee) and $1055 (underwriting fee). My loan is a 5% down owner occupied conventional loan at 7.5% interest. At first glance, this seemed high to me but I'...
I'm looking to better understand how folks who live in CA structure their investment entities that are out of state. I'm looking at some investments in OH and will create a LLC there to own the property, but I can't q...
It seems that defaults using hard money are on the rise. Who is the best attorney to look into bad practices by hard money lenders?
Here is an interesting article that compares the current climb of oil prices into the stratosphere with the recent housing bubble. The theory is that the oil market is as unsustainable as the housing market was. I hop...
I am in CA and have a rental property out of state in AZ, is there any tax benefits for having a llc? pros or cons for this situation. It is one 8 unit property. Am i able to make the LLC in AZ even if I live in CA? D...
How do you determine what normal wear and tear is when giving a tenant their deposit back? I always have my properties cleaned and if needed, painted before a new tenant moves in. When they move out, the walls are al...
1. Worthwhile for a 4 family?
2. How much notice must be given to tenants? They currently each have their own washer and dryer.
3. How is hot water supplied? Each unit has it's own water heater, must I ...
Our lender is impounding money for our property tax bill on our new condo. I've been checking up on them, and was recently astounded when they told us they would not be paying our supplemental tax bill (the difference...
Hey everyone! Just closed on my first triplex in San Diego three days ago. I've been looking around Google the past few days and can't decide on which rental software to use. I must have looked at dozens of videos, bl...