I plan on transferring a 4-unit building I purchased with cash with other investors into an LLC we created for the building. If we do this and once the renovations are complete, will mortgage companies look at the LL...
I am using a loan from a friend to help fund our first deal but we don't have a specific property under contract as yet. How do you structure the promissory note when you need to secure the lender's interest with the...
Just bought house to BRRRR. Fairly new—5th house. Removed all carpet and padding and have done one thorough cleaning. The odor of cat urine remains. The hardwoods beneath the carpet appear dark at spots, which leads m...
Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...
Paint a ceiling black??Just bought a 3/2 982 s.f ranch built in 1966. The basement is partly finished but will need demo of the current drop ceiling. The ceiling is around 7 feet without the drop ceiling. Not keen on ...
Many homeowners, at a variety of points - of - time, decide to pursue certain repairs and/ alterations. Some are out of necessity, because of damage, and/ or wear - and - tear, while others, are for cosmetic, and/ or ...
Hi BP, Anyone have advice or experience with retired renters? Specifically looking at how to verify income. Potential tenant appears to exceed minimum income requirement based on pre-screen but would need to verify wi...
I've read a lot of threads that list what to look for in a property manager. What they take care of and how they take care of it basically. There isn't a whole lot that I have found on how PM's and their owners handle...
I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to...
I am currently in the process of prospective market diligence and have developed a list of the items we want to measure / compare across markets (crime rates, pop growth, job market, vacancy/occupancy, etc.) but would...