Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
I was picking up the rent from one of my tenants tonight, and it occurred to me when they pulled up....every single one of my tenants has a considerably nicer car than me. Also almost all of my tenants (Except the one...
hi, I want to install security cameras with audio in a building in Essex County nj.Someone claimed that if I put on audio, by law I need to post that in building. Is anybody familiar with laws of cameras?
Have a house closing under a single member LLC selling for $145,500. We will be doing a 1031 exchange and then taking those proceeds and applying them to a vacation rental cabin investment of $264,000. We are gettin...
I'm just starting out and have been searching for residential multi-family properties. I'm planning on living in one of the units and renting out the others. I have come across some properties that have two homes on...
My business partner and I are under contract for a multifamily property. He is putting his half of the downpayment from funds from a 1031 exchange. He was told by the 1031 agent that we cannot form an LLC for the firs...
Hi all, For a rental property I own, I have utilities separated out for the common space that I pay for as the landlord. The common space utilities are basically a few lightbulbs and a washer/dryer. The dryer is a ...
Ladies & gentlemen,
I am selling some properties, which is great in a seller's market, but looking to exchange, which isn't great in a seller's market. An option I'm looking at is to partner with someone using a...
I have my first multi unit under contract. It is an 11 unit building. It is also my first time working with a partner. The two of us will be the only owners. I am trying to decide if we should hold title "tenan...
Investment Info:Small multi-family (2-4 units) buy & hold investment.
Purchase price: $880,000 Cash invested: $250,0004 Unit building in Silverlake (Los Angeles). We are half way through a full gut remodel...