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We have one tenant that we provided reduced rent (reduced to $2k from $2.6k) when impacted by Covid that applied for rental relief many months ago that we have not received a response (and mostly have given up on). T...
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https://www.azcentral.com/story/news/local/arizona-health/2020/03/30/arizona-coronavirus-stay-home-order-issued-gov-doug-ducey/5088109002/"Gov. Doug Ducey on Monday issued a statewide "stay-at-home" order to stop the ...
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I have been reading as much as I can on series LLCs and was looking for some clarity around them. For context, I own a handful of rental properties and also work a W2 job. I am thinking a Delaware series LLC would be ...
I am considering investing in a Preferred Equity Syndication. The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned. The capital stack...
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Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
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Came across what appears to be a really great deal on 3 new SFUs from a single seller. These will be rentals #s 3-5 for me so I know what I'm getting into. Currently thinking I'm going to finance via 2 traditional mor...
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Hello, so I'm currently lending to another investor using my LLC. I have a mortgage and note on the property in question. If I wanted to update the principal balance and terms of the note, is that something I could ju...
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I've recently heard that if an investor files loss in his investment property in filling his tax, it will effect his next mortgage by impacting on debt/income ratio. For example: If you earn $10000 from your rental pr...
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I am interested in getting feedback from investors with experience in Waco. We are looking to pick up a multifamily property or two. Probably 5-10 units inside the Baylor bubble in the $600k-$1m range. Our goal is to ...
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Hi all and thank you for your replies,we own several multifamily properties (duplexes and six units) with a buy & hold approach. All have been cash flow positive since day one and, given they are all in the pacif...