Stephen Artzerounian
LLC Structure Questions
Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...
Jessie Huffey
Mold at same time as lease violation
Hi All,My parents tenants were having financial problems and paid their last months rent late. Then the tenants complained that there was probably toxic mold in the house and asked that it be inspected while they were...
Leila Moussavi
Private Investors Deal Structure
Hi there!
I'm a new real estate investor looking to invest OOS in MF for cash flow in KC, Indianapolis, and Columbus and Cleveland. My parents are willing to fund my deals and are able to pay all cash for properties....
Bryce Y.
Unique situation - advice please
Hey guys, I have a question about an apartment complex my parents are thinking about selling. This apartment complex was gifted by my grandfather to his 5 children, who are now equal shareholders. He built the apart...
Anibal Zapata
New to real estate..Cash flow help!!
Hello BP,
My parents and I need help. Well to start off I'm fairly new in the Real Estate world but I understand the potential in owning real estate is to develop Cash flow by renting it out for more than the full m...
Justen Ashcraft
Kids jumped off of roof
Tenant a is texting me that tenant b's kids just jumped off of the roof into tenant c's yard. What would you do? This kid and his friends have been a thorn in my side.
Cameron Wutzke
Parents forced me to co-sign for my credit, does this bar me from FHA?
Hey BP community!My friend is in this situation, wanted me to ask the forums about it:When my parents bought a house many years ago, they made me co-sign because my credit score was higher than theirs. Ethics of this ...
Krishna Shiwdin
Parents want my help managing 4 buildings in NYC. ~100 units
My parents own two apartments buildings (rentals, mostly stabilized rents) in Manhattan and two in the Bronx, About 100 units all together. The manage them their selves and They want me to help, learn and expand the ...
Mike Malyy
Mortgage I am not liable for counted in my DTI
Hi,I am a still a small time investor and still work my W2 while I try to build a portfolio. I am currently running into an issue with some lenders which prevents me from acquiring financing. I own an investment prope...
Steven Lewis
How to properly pay back a LOC for correct write-off
I was blessed to have money gifted to me from my parents from their LOC (line of credit). The LOC comes with a monthly payment which I am looking to pay so I get that tax benefit. I'm looking for advice on the best wa...