Hello all--
Question regarding LLC's. Is it better to put each property under 1 LLC or to get an LLC for each property??? I realize there may be different tax consequences for each scenario. Any guidance would be ...
Hi, so I won a tax deed at an auction for a vacant lot but I am trying to determine if there are a bunch of leins on it. The last few sales codes say CD, QC, OR, OR. I know QC means Quit Claim but what does OR mean? A...
I am looking to build out a basement approximately 38'x26' - any thoughts as to price range for something like this. Just now exploring options but have not heard anything back regarding numbers. Just trying to set in...
Hypothetically, if a GP were to refinance and return let's say 50% of the initial investment to the LPs. Is that money taxed for the LPs? I would think not since it is returning a portion of their initial capital, but...
I am an experienced residential multifamily investor looking to get into commercial. Like most, my road block is cash.
I am looking for options to entry. I would like to get into a 15-20 unit residential apt. buildin...
I have a 14 bed former alf building. Last operators lost their license and it can't be reopened due to zoning as its in a residental area. So I was thinking independent senior living. There all private rooms with a cl...
Hi everyone, I've been reading about how partnerships can be set up and I have a specific question. If two people want to buy a house to rent as 50/50 equity partners, how could the ongoing maintenance costs be struc...
Hi all, I have some questions regarding applying for conventional financing for an investment property.Is it common to be asked for all bank account statements, other investment accounts, and retirement accounts? Are ...
Hello BP, I just purchased my first 4 unit rental. Three of the units are occupied and the fourth is ready to rent. Do I need to give 24 hour notice to my tenants when I am going to show the vacant unit, or when I am ...
Hey there fellow landlords.. I thought that you'd find this funny :)We were wholesaling a rental property with a paying tenant inside. The buyer asked me if the tenant would allow him to move into one of the bedrooms...