Richard Flake
Anybody have experience turning single-family into duplex
My father-in-law approached me and my wife about turning his current sfr in Metairie, LA into a duplex via ~$100k add-on project. His lot is zoned for it and he says it will easily rent for $850. We would be funding...
John Buchanan
Red D required or an LLC ok?
I haven't been able to get a truly straight answer to this question, so I'm posting this in the forum to see if anyone has clarity on this topic...If several investors (define several as 6 or less) want to go in toget...
Cameron Riley
If a tenant violates lease, Can I keep entire deposit?
Can a landlord keep deposit is lease is violated in any form? Drug and illegal substance left behind on table, multiple noise complaints before they left... other things were broken within the agreement
Keith Groshans
Is LLC necessary or recommended for note investing in SDIRA?
I am new to the note investing space and am interested in investing in performing loans or debt funds with an SDIRA. I understand that outside an IRA an LLC is typically recommended for note investing. Does this recom...
William Kim
Real Estate Attorney Consults? LLC Setup for CA Resident for Out of State Properties
Hello good people!I was curious if anyone had any great & affordable real estate attorney contacts to consult for LLC setup? One of the things that I'm running into, is trying to figure out how to setup entity st...
Fred Kosnac
Commercial Real Estate in Long Island NY
Hi New York BP community! Is it worth investing in Long Island retail/office for cash flow? Running the calculators, most of the properties I looked at show I won't make back my initial cash investment until year 10, ...
Samuel Odewale
Purchase a property through seller finance in an IRA
Was wondering if someone has experience purchasing real estate with a seller finance strategy in an SDIRA. Searching the forum, most of what I see discussed is selling property owned in an SDIRA.Will appreciate if the...
Deron Jewett
FHA 203b House Hacking Qualification with Existing Mortgage on Another Property
I am the remainderman on a Florida "Ladybird Deed" (Enhanced Life Estate) on my parents home. I do not currently own a home. The mortgage is assumable upon their demise (and at a rate lower than those currently being...
Craig Moore
Is Real Estate 1 Stream of Income or an Umbrella term?
Hi BP,I have a pretty simple question as I'm planning out my future as an entrepreneur. AVG Millionaire is said to have over 7 (or several depending on volume) streams of income. I was wondering, is real estate invest...
Colby Adkins
Max amount of Mortgages
If the law says the max amount of mortgages in your name is 10 how do you hear of people with 50+ units within 6-8 years?