Hi All, I am looking at a small piece of property ~4 acres in the Houston/Harris County area that may have some profit potential with re-platting/selling individual lots, or maybe even multi-family development. This w...
Hey guys so I have just bought a 3 unit house with 2 apartments already rented. I spent most of the day over there fixing things and cleaning and I meet the tenants again and started talking and one tenant gave me a l...
Finnancing of non-warrantable condos
Hello. I was looking at a great condo for location and mountain views to add to my inventory. I walked away because it was not warrantable due to timeshares in the subdivisi...
Hey all,Myself and 2 other partners had a great 2015 starting our rental property business! We have 5 properties all purchased in 2015. 4 Condos- 3 purchased in all 3 of our personal names, 1 purchased in a LLC with ...
I live in North Carolina, but have a lot of family in the St. Louis area. Some in St. Charles, MO and some in Belleville, IL. I'm expanding my search of rentals in this area. I would be looking at properties remote...
Hoping for some tax advice. My wife and I are young professionals. Our income is around 300k combined, we file joint. We have two rental properties. We gross 17,800 on one and 60k on the other, so total rental income ...
Any reference for good property managers in iowa city/coralville? I'm planning to rent out my townhome and wanted referrals for good management company that will take care of tenants/rents etc. google and yelp did not...
Emailed to my loan officer today about an FHA Loan on a 4 Plex I planned to occupy. She has said some things that have me a bit confused."Yes we could actually do FHA with 3.5% down. You would have to occupy the ent...
As a member of the National Association of Residential Property Managers (NARPM), I am given the opportunity to partake in random surveys. The most recent one was about the business and how we have changed over the p...
Hello,
I have a question regarding structuring LLC's. I read a lot about creating a LLC for each MF property, which I do but my question lies at having a "parent" company listed as the managing or Class A member of e...