Hello BP,Pretty much my entire adult life I’ve planned to buy a multi family as my first property to owner occupy and offset the cost of a mortgage and not be house poor. Until recently I was nervous about making that...
I recently took over a small building in a A area, very Ritzy in Stamford, and I am in the process of a small experiment. It's only four units, so it's a controlled test to see if smart devices can raise the rent and ...
Hi everyone, I signed a lease with my fiance several weeks ago for the lower in a duplex. When we signed, we were told that there was a washer and dryer in a shared basement for the tenants of the upper to use, and...
We have been dealing with finding a quality renter in this winter season. This morning we found out that our neighbors are stealing power from our vacant rental house. This is a desirable neighborhood with good scho...
My lender says I can transfer the title to the LLC after the purchase. Is this complicated and/or costly?
We just rented our remodeled 3/2/2 to a great tenant in November. She is interested in buying the property and is installing mini-blinds, gutters, and maybe a new dishwasher at her own expense. She should probabl...
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:
...
Hi everyone! I am at least ankle deep (but more like knee deep!) in my education in note investing. I am interested in dipping my toes in by perhaps buying a partial. I have up to $10,000 to begin with, and from what ...
Hi everyone,We need help on a dicey situation that is only seeming to get worse. We have a duplex in Oakland, Ca. Bought it empty, carefully screened tenants, and they moved in. Upstairs is a woman who lives alone, an...
Hey guys,
So I have an offer accepted, I'm looking to close in 30 days on a multi-family in the Cleveland area. I'm curious on how to go about paying the down payment so that I will not potentially trigger a "due on ...