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Hello all of you smart people. I need some help. I may have an opportunity to purchase a portion of a plot of land. First, I would need to know if this is even possible in San Diego City. Does anyone know if it i...
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I am currently in the learning and research phase of REI and I was wondering which option would be more prudent. I plan on buying either a multifamily or a SFH (to live then rent) later on this year and I hope to u...
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My mentor taught me to calculate the CoC with the interest only payments of the loan (not principal reduction). Now a friend of mine said it should include principal part of the payments on the CoC. Since commercial l...
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Corey,
Thanks for the reply. I didn't want to hijack that thread so I started a new one... Let me delve a little into what I had in mind. I live outside of NYC, so that complicates things a little more, but at th...
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I have completed multiple renovations on large multifamily, hospitality, and senior living properties for national and multi-national companies for a little over 7 years now. We complete small capital improvements up...
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Long time lurker for some months now, and taking the big plunge of posting my first introductory post. This may be a bit of a long intro, so thank you for reading. My name is Matthew and I am a complete novice with no...
The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...
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Hi All,
Long time lurker here. I have read dozens of posts about REP status and it's still clear as mud to me. I am hoping someone educated can chime in on my specific situation.
I am a high income earner, owning a ...
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Hello there,
What would you recommend to anyone interested in investing in mobile home parks? Is there any specific training or education that would be valuable to increase my chances of a positive investment...
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Hi,
I've been planning on getting into real-estate at some point within the next 6-12 months (I'm currently in the planning, education and saving up cash to invest phase). However, my father-in-law just bought a n...