I'm sure this question has been asked a hundred times, but I recently purchased a duplex in May with a 7.125% rate. Now that it appears rates are coming down in the near(ish) future, what is a general rule of thumb on...
Hello, I’m going through all the steps and making a list of everything I need to do to buy land and build a duplex to 4 plex my self. The only thing I legally have to sub out is the foundation and plumbing(I’m a Elect...
Say you decided to place one of your mortgaged investment properties into an LLC for asset protection. You're doing what you can to treat your LLC like a business (it has its own checking account, filed separately fro...
Now that you have an asset, let's talk about asset protection. Below are a few strategies I've ranked from worst to best, which offer varying levels of protection. Worst:
- No coverage, held in your name.
Bad:
...
I live in Ohio and so I'm used to a certain rate of return. I've never invested outside of Ohio so I'd like to know what is considered good cap rate when investing in other cities such as Las Vegas, Los Angeles, Atlan...
Hello, PHX developers. A colleague and I are planning to do a BRRRR project in the Garfield district, and I have a related question for all of you. So ... let's say we buy this property, do the rehab, and lease it up....
Hi, I'm a real estate newbie! I'm assuming repair expenses vary from one house to another but roughly, how much money should I have saved up for property repair expenses before I start looking to buy another property?
I know loan amount varies n etc, But typically was is the least amount a lender is giving out to investor who's trying to purchase a home ?
Recently got a quote from an architect to design a 8-unit apartment complex for $45K. This will include architectural work only and excludes the design cost fo structural, electrical, plumbing, HVAC, and mechanical. H...
I'd like to get some input on my current situation before moving forward in meeting lenders for my first purchase which would be an owner-occupied multi-family house.Early last year I got into a Union which operates a...