Matthew Samson
Different CPAs for investments in different states?
Hi All. Thank you everyone for engaging on my posts as I ramp up towards my first deal!My next question is a simple one: through circumstance, we will almost certainly have real estate holdings in two states (Georgia...
Matt Sears
I need an accountant and/or attorney
I'm just getting started - I own one rental property in KY. I need someone to help me get that property properly set up in an LLC and to answer my tax/financing questions. I intend to acquire more properties, but prob...
Jonathan Lane
Find ways to help owners get out of a double mortgage
Hello World,
So, I have found a potential solid deal (if all the numbers workout completely) but the owner has a situation and I am working on trying to find that solution.
Problem: The owner wants to sell their ho...
Matt Jones
Trouble with Fannie Mae
I'm having some trouble with purchasing a Fannie Mae property that was in the first look period when I made a full price cash offer offer as an owner occupant. There were 6 days left in the first look period when I m...
Noam Birnbaum
How much liability coverage does an LLC need?
Hey folks,
I have a few properties that I plan to put into LLCs.
I'll put each property into a separate LLC.
How much liability insurance does each LLC need, if it has no assets other than the property itself and ...
Joseph C.
Property Occupancy Question
Hello all! I have a situation that we are looking for some opinions on:We purchased a two unit property that is located in a R2, single and two unit, zoned area. The units are are 3 bedroom, 2 full bath, side by side ...
Delbert Standifer
Unpermitted additionsI’m not sure what to do
I made a terrible mistake on my first investment I brought a four Plex which I found out after the deal the other three were unpermitted should I upgrade the unpermitted property and raise the rent or hold it for a ye...
Nick Macklin
Cash Out Refinance 1 plot with 3 structures and 4 units
I have a great property that I picked up about 4.5 months ago in Jacksonville, FL. I have 4 units(2 single family and 1 ADU with 2 units) on 1 plot. I've been calling around to several small local credit unions and b...
Will Kern
Predatory RE investors in DC
Headline: This man owed $134 in property taxes. The District of Columbia sold the lien to an investor who foreclosed on his $197,000 house and sold it. He and many other homeowners like him were left with nothing.
He...
Ariel Rivas
Scam alert BE CAREFUL
Please be careful who you invest with and enter partnerships with, To share my story I entered a parntership with PROPERTY BEAST LLC (Ran by Kiernan M Major ) and it turned out horrible.He has and to this day is refus...