Situation:Found a seller who wants to sell but doesn’t want to pay 300k gain all at once.Pure vacation property/second home. Bought for 359k will sell for 659k in this example.Assuming 150k down payment in 2024 50k an...
Is it best to pay for a service or maintenance agreement for my rental home Heating and Air Condition systems and/or heat pump? Do most rental owners use these companies to do the annual check-ups?
Hi Everybody,I am looking to hear thoughts on these hard money lending numbers. I'm located in the Midwest, but would also be interested in hearing numbers for other regions as well.All of the below products have a ma...
Hello all, so I’ve come across a potential property I like and need help analyzing this deal.Purchase price $399,000Unit 1 has 3 bds and 1 bath Unit 2 has 2 beds and 1 bath Property taxes are 12kRent roll is $3,600I’l...
I have a property in Columbus, Ohio. For a year, I've been renting it out as a long term rental. I am curious if I should I keep it a long term rental vs short term rental?Here are some stats:Zip Code: 43204Current L...
I am looking to form an LLC in Illinois but wanted to know what the ongoing fee is for a series vs traditional LLC. I see that the original filing fee for a traditional is $500 and $750 for the series. Is there a diff...
I formed an LLC recently in Texas for my five SFR rental properties in Texas and one nightly rental in Missouri. Do I need an annual foreign entity permit for my property in Missouri? Does rental property count as “tr...
Pretty basic question: what is the best way to model appreciation gains in a long-term multifamily analysis if multifamily values are based on NOI and cap rate? Is appreciation in property values simply represented in...
Our BoD recently "adjusted" our annual dues for 2009 and gave the Members 30-day notice to pay the "adjustment".
Our governing documents allow our BoD to raise our annual dues a maximum of N% each year with 30-day no...
Hey Guys
Hoping I can engage the brains trust for some clarity. I'm an out of country (Australian) US real estate investor. When I first got started I incorporated by LLC in Kansas City Missouri however ended up bu...