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My wife and I are on our second flip. All the work is done and we have the house listed at or slightly below fair market value, but no offers. After speaking with some realtor friends in our market, we get mixed rev...
I recently purchased a 4 units residential on 18th street. It's essentially a two stories plus a basement. Each floor (1st and 2nd) has two units. And the basement (two separate entrances) is identical to the units ab...
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First BiggerPockets post!
Here's the situation. My dad "gave" me half of a property (my first rental property) in June of last year. Shortly after I made a joint business checking account with both of our names on it...
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First timer question:
In 2013, we went back and forth between trying to sell and thinking of renting out a property. In December 2013 we decided to officially rent it out. A deposit was paid on the property m...
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I’m having an issue getting my 2 units insured. Is this classified as commercial? Multi family? What’s a reasonable rate for insurance?
The insurance brokers that I have talked to sound confused and don’t know how to...
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Address: 313 Waterway Dr, Sunset Beach, NC 28468
Looking at possibly seller financing this home in sunset beach nc. Talked to the seller and he mentioned he wouldn’t mind doing a 3 year ballon payment. My question is...
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Just thought I'd run this by everyone:
Husband has a day-job and wife manages the rental properties but does not draw a W2.
In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...
Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
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I have been doing some reading on the forum and have seen some close matches to my issue but am hoping for some help understanding our situation.
First off my son purchased a rental property with a mortgage in his n...
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Ok so I have been taking steps to move forward into REI. I was told yesterday by a lender that we would have issues being approved for a loan mainly for this reason. I own a business, we make great money through this ...