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I'm starting to look into Indiana due to the landlord-friendly laws and low taxes. Who knows a good Realtor in the state?I saw a 9 unit that's about 450k with 10% ROI as-is. This is a great deal unless the realtor i...
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Have you ever purchased more property under the same LLC with an existing operating agreement? How did the amendment process go? Did you keep the same agreement?Is it better to start a new LLC with the same members wi...
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Need some advice not looking for negative responses. How would you guys answer them to where it is professional. I just don’t want it to be an every month thing I’m not worried. But below is their text message to me t...
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Hey, First time post, we are just getting started, have been listening, reading, and analyzing properties. We found one on Craigs list, it is backed up by a MLS listing. It is a Duplex, in fairly rough shape, would ne...
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Just saw this article on the potential changes to the tax code which would impact REI. How would this affect the different real estate strategies like BRRR, multi-family, etc.?https://www.nytimes.com/2017/04/22/busine...
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I'm taking my real estate course to get my license. And we we're spoke about promissory note. My professor summed up what it meant, and I didn't get the chance to have him clarify what it means exactly. Maybe a exampl...
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Hi --
I wanted to share my basic outline of my business plan here, and get some critique, if possible. I'm a little stuck on an "exit" strategy in that, in the interest of lowering taxes, I may NEVER exit, and instead...
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So I bought a turnkey sfh in Ohio. I closed on it at the beginning of June. Part of the turn key process was to have a tenant already in place (which there is) and a property manager (which there also is). My dilemma ...
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Hey guys! Got a question about house hacking. So pretty much everyone says that house hacking is the ideal first investment, but being someone who often questions conventional wisdom, I have a few questions about this...
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When is the best time to ask your new / possible future tenant for a background check? Is it before you interview them? After you interview them? Or after you have showed them your rental?