i currently purchased a 8 bedroom home with a down stairs in law suite of 2 bedrooms, living room, full bathroom, and kitchen plus a separate entrance. my plan is to vacation rent the in law suite to the summer little...
Hello,I'm hoping someone can clarify this for me as I've gotten conflicting information. Scenario: Husband and Wife purchasing home that is owned by Husband's Grandmother, Mother and Uncle jointly (each have 1/3 inter...
A MAJOR reason why most real estate investors fail is the inability to evaluate the numbers correctly and determine if a potential property is a good deal. Many times these include underestimating Renovation Costs (Re...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $185,000
Cash invested: $30,000
My partners and I took this one down. The property was already rented and t...
I have been wondering if it would be a good idea to purchase my first multi family property under an LLC, due to the requirements of the 1031 Exchange of having to buy your next property under the same name. My goal ...
How do I structure a syndication business legally? Is it an individual LLC for each property (but what if we end up with 100?) or a series LLC (Delaware)? I live in Florida. I’m hearing opposing advice and not sure wh...
I am having a hard time getting the bylaws for a condo purchase...I have been told I must make an offer before I can get a copy of the bylaws. They have 10-15 days after offer to get the info to me. Is this corre...
Hey folks, Looking to get insight on how folks might lend from their SDIRAs. I will certainly get advice from a qualified professional but curious what my options might be and why.One option would be each loan is con...
Hi BP,
I have a 16 unit apartment building in a small town in Michigan with municipal water and sewer. The town charges a flat rate for water and sewer and does not offer the option to have them metered. The flat rat...
Hello, I own and self manage 128 units. I have owned and managed property for 3 years. Other owners have asked me to manage property here in Louisville KY. I am not a real estate agent or broker. How can I legally...