Nat Rojas
LLC required for more than 10 properties?
I think I'm confusing myself with the information I'm reading. I currently have 8 properties in the Baltimore City, Maryland area. All properties are financed through FM confirming loans. My goal is to grow past 10. D...
Richard Michael
TAXES - Turbo Tax or Professional?
I am looking for a good tax accountant here in Phoenix, Arizona.Last year after talking to an older couple who are RE investors with over 10 properties, they gave me the confidence to use Turbo Tax. I have a pretty go...
Dawn Curry
Use all of HELOC or just enough for down payment?
So let me get this straight... Hypothetically speaking you own Investment Property #1 that has $70k of equity in it. Obviously you are always looking for your next investment (#2). So with that being said, you can use...
Account Closed
An open ended study: Realtors & Off Market Property Ethics
My buddy, Joe, who is an investor was shown this off market property in DC and he inturn showed it to me. We subsequently entered into an JV agreement to pursue it. Apparently, He had a relationship with this broke...
Account Closed
Seller has a mortgage, but bank didnt record it at deeds office! seller wants to pocket their proceeds, advice?
So, im under contract to buy a duplex for $68k, actually nearing the end of the contract period. its kinda turned into a hairy mess. Heres the key notes:- Title company found a $10k judgement against the seller which ...
Account Closed
Who here invests as an LP in ground up multifamily construction deals?
I am working for a sponsor who is raising capital for 2 ground up multifamily development projects. One is in DFW and the other is in New Braunfels. It seems like though they are great investments, though there are no...
Juan Lopez
Applying as an individual and then transfering rights to an LLC
Hello all:
I was hoping someone here could help me with a current situation. My partner and I want to buy rental properties (single houses) by applying as individuals to get better conditions on the loan (interest ra...
Mark Hamblin
Property taxes catching up to a sales price on apartment building
Looking for some help from Chicago / Cook County multifamily investors, regarding a property tax question. It seems property tax calculations there aren't nearly as straightforward as in other markets... Free high f...
Burt L.
Judge Awarded X-Girlfriend Part of the House - He wants Out Of It
Heard from an owner whose former girlfriend got a judgement against him in 1980 for a house he bought as a single person in 1975. The former was awarded 20% of the house. A few years ago that 20% ownership was quit-cl...
Tim Silvers
Could New "NOTE REDUCTION" PROGRAM Be The Cure?
According to how this program works - it sounds like the panacea to all ills for anyone who's underwater - homeowners and investors alike, not to mention that it would basically render ALL forms of debt re-negotiation...