So, I've got a seller who has had an ongoing divorce for ~5 years. He has 2 properties that he used to rent out a couple years ago, but quit as the additional income would relinquish his benefits for his children. The...
Hi, first post. I hope to learn a lot! So, I am looking at doing Airbnb/VRBO type 3-7 night rentals. My main concern is liability and what can I be sued for. It appears 401k's are basically untouchable anywhere and in...
What's the best way to set up an LLC for Rental Properties I've been hearing have 1 LLC owned by another one in Nevada or Las Vegas
I have my first offer on the table for a second home (out of state purchasing from rootstock). I’m starting all of my paper work but just realized everyone always recommends an LLC. I am looking to use the income stre...
Who is using the BRRRR strategy in York, PA?
New hopeful investor here. Have a loan officer that 'preapproved' me on Friday but today said she wants to send the preapproval letter directly to the agent. This is a little complicated because I don't have one! Are ...
I called few banks for a loan where I could use the proceeds of the 1031 exchange as a down payment. However, several banks including QuickenLoans and Wells Fargo appeared to be wondering whether I can get a loan beca...
We're in the middle of closing on a single family home and moving out of our investment property. Our unit is a first floor unit with a finished basement with access to the yard & garage. We discussed it with our ...
Am not a realtor so how are realtors trying to sell in this environment? Are open houses out now? Or are realtors hoping someone comes along and drops the golden egg in their lap? Wondering if commission fees are w...
I am currently listening to the BRRRR book by David Greene. I have listened to the advantages of buying a property with cash. In British Columbia though to buy a single family home in a market with a decent vacancy ra...