Arjun K.
When to deed property to newly created LLC?
I acquired a property, and it is in process of being rehabbed (~$50K equity financed rehab). I am in process of setting up an LLC for this property. Should I wait till rehab is complete to deed the property, or just ...
Wendy Lavana
Low Income Housing - Creating an pool of donations from property owners to maintain neighborhood, any advice.
Last year I purchased two fourplexes in a low income housing neighborhood in Ft Lauderdale. Three years prior to my purchase I lived no more than 3 blocks from the area I recently purchased in and while I was there I ...
Maneesh Joshi
Big Issue at Final Walk through
Hello All, I am in the process of buying a rental property in Philly and I live out of state. We were to close today so I had my agent do a final walk through yesterday. When he got there he found that the bathroom o...
Joey C.
Plumbing Issues
My tenant has been living with an on and off leak for a month now. The problem is that my unit is on the first floor of a condominium complex (apartment building). It leaks right on to her toilet from the ceiling s...
William Allen
Possible "Subject To" Deal
I have a few questions about "subject to" the existing mortgage and a deal that really only makes sense to me using this type of financing. If any "subject to" experts or those with experience would help me out I wou...
Glen Gaidos
Deposit Issue
Hey Everyone,This is my first foray into purchasing a property that is already occupied. I closed on a duplex yesterday with tenants that are currently month-to-month. It has been under property management (I don't th...
Joe Grebe
Basic Budget Question
This is the most basic budget question. My wife and I use Mint.com to track our finances and we just finished sitting down and looking at our spending for the year. This gives a really good place to start for a budg...
Joe Szymczyk
Using rental property for reitement after 60 or so
Hello,How are you guys determining when a proper/ty has maxed out its value from the market recovery and its time to sell ?How are you detetmining when we are close to a peak in the housing market? or how do you decid...
Brian Adams
DTI too high because of Tax Return, not Cash Flow
Hello BPers,
I was hoping someone might have a recommendation for my financing problem.
I am a military investor who buys a house at each post I am stationed at. With a deployment, that has meant I am ...
Stephen E.
Condo Conundrum
So it is winter and I have been searching for bargain priced condos to add to my rental portfolio. Unfortunately there is a severe shortage of townhouses, which seem to be the best kind of rental unit here, in contras...