Went into escrow on our very first NNN property this week. Documentation is starting to roll in as part of our Due Diligence period and Received the lease documentation today and it says "Security Deposit: None". Is i...
Hi, I have a 4 plex under contract and all was well until Insp identified septic tank leak. They have a concrete tank. Bids to replace are between 18-25K. In their amendment to the sale agreement, they stated they ...
Hello,I'm a potential first-time investor living in Los Angeles, and I'm considering buying a SFH (at $120K or under) in Indianapolis, as an investment to buy and hold. My situation is a bit unique, so I'm on the look...
Is Texas City a bad area? Is it drug infested? What type of tenants will you get in Texas City if you rented out a duplex?The figures look good in Texas City, but I saw pictures of Texas City and it looks discouraging.
Looking for advice on the best strategy for setting up a separate bank account for rental income/expenses. Rental property will be in owners name and I would like to separate business accounts from personal. Thanks!
It's my husband and my first time buying rental property. We are under contract for a duplex right now and our income can easily qualify a conventional mortgage. I did not know that when I was young my mom bought prop...
Hello all. My understand ing is there are three main approaches to asset protection and anonymity. 1) Wyoming(WY) Holding LLC purchases properties and leases them to individual LLCs (Operating Companies).2) The WY Hol...
Hi everyone - Thanks in advance for any help.I recently bought a duplex and inherited tenants which have been fine. This is a C property, rent is $550/month. I was told that one of the tenants is disabled (husband o...
Hey all,Wanted to get your opinion here. I'm investing in California, and have been looking at a number of duplexes. After gross rent, I'm deducting an immediate 30% off the top for variable expenses - Vacancy at 5%, ...
I hope this post belongs on this forum. I'm definitely going to start a wholesaling business, but that's not real estate investing.I'm trying to decide whether to put my (hopeful) earnings from wholesaling into real e...