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Hello.I own a condo in Long Beach, CA, free and clear, that is worth around 500k. I have good tenants in it who pay rent of $2290/mo. I've been getting antsy to reinvest but don't have the savings to do it. What would...
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I'm hoping I might be able to get some help analyzing a 4plex property I'm considering. This would be my first real estate purchase ever.
The property is vacant, its bank owned and on the market for 180k (...
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Hello;
I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:
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I have a potential tenant who just sold his house and wanted to pay for a full year up front on one of rental properties.
My first instinct is that this sounds great.
What issues should I worry about, if any and wh...
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Good afternoon everyone,
My name is Dan. I currently own a 2 unit flat under my name and renting one of the units. I plan on purchasing my next property this year by doing a cash out refinance to conventional loan on...
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This is my first post on here, any advice is awesome! Heres my question, my parents are about to sell a lot and they should profit around $550,000 from it, we want to do the 1031 exchange. What do some of you recomend...
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When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
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Hello, I have seen several informative posts on who should pay utilities (landlord vs. tenant), however wanted to ask for advice specific to my case. Firstly I should say that I am the tenant in this case -- I joined ...
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My father passed away in April of 2017. My 2 brothers and I were not interested in taking ownership of the home because even though he owned it outright in 2015 he ended up with another mortgage on the home when he pa...
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This is the story of my first steps as a real estate investor and some of the challenges I faced. I'm writing this in hopes that other's will take control of their future and dreams instead of letting their past or wh...