Investment Info:

Large multi-family (5+ units) buy & hold investment in Mount Washington.

Purchase price: $2,150,000

Cash invested: $680,000

It is a Thriving Residential sub-market in the Louisvi...

1.Attorney- Allows you to set up the property business intity. Having a formal business setup will protect your assets and provide tax advantages to you. Your attorney will file your paperwork with the corporation com...

Walked a property today that needs a lot of work, and one of my expected items was to replace the circuit breaker.  Trying to arrange an electrician to inspect, but curious thoughts on this being in/out of code?  It l...

We are a little newer to commercial real estate. We have three commercial RE properties but this is the first time we have had a salon request to lease. Are salons a good tenant? What should I know?

Hi all, what is the typical maintenance reserve you set aside when analyzing a deal or maintained in the bank account? I believe I read somewhere 30% of the gross monthly rent but it seems fairly high.  I would like ...

Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...

I don't want to get stuck in the need to start X before I really get things moving. Curious to whom became a landlord without an LLC. I have a plan working with a friend who owns an insurance company to guide me on a ...

For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?Are you representing yourself as a Registere...

Just started a new RE company geared towards managing real estate investments for others. I’ve been a licensed agent for 8+ years and have managed rentals here and there on a smaller scale but now fully prepared to bu...

My friend is currently staying with me because her unit is unihabital, yet she's still paying mid full rent. We went to view the property around 10 Feb and the place was utterly trashed as the previous tenant had just...