George Genovezos
is it worth it or too expensive for a rental?
Hi all,THere's a property that popped up on MLS today in the dfw area. Owner is asking for 60K. City says the value is 90K for 2016. It has foundation issues. house also needs carpet, kitchen, bathrooms, flooring, pa...
Kumar Paj
Attorney & CPA recommendation- Chicago (Western Suburbs)
Hello BP.....I am reading a lot about Series LLC and plan to put all my rentals under Series LLC. I talked to my attorney and CPA but they seem to less/not familiar with the concept of Series LLC. I know, it is easy t...
Richard Chang
Exchange - Rental Property to Commercial Property ?
Hi all,I have a duplex in Orange County, CA that I have held for 25 years and I want to consider an exit strategy. I have deducted 25 years of depreciation which would need to be recaptured on normal sale ( ouch ). So...
Gianluca Rossi
Do I need to create a company or separate bank account is enough?
Hi,We are closing on Friday on a property upstate that I would like to use as a vacation home and rent regularly through VRBO/Airbnb.I've read of the importance of keeping a separate bank account for our rental proper...
Devin Chong
Small Multifamily Conventional Loan Rates?
I got pre-approved from a lender recommended to me in the Ohio market. But feel the terms are high especially with the Fed lowering their rates recently. It is a fixed 30 year conventional loan @ 5.25% for a 2-4 unit...
Wendy Carpenter
Delayed Financing Exemption?
Can anyone educate me about using "delayed financing exemption"?For example, if my partner and I found a property that was a foreclosure and needed a bit of work, can we use our HELOC's to buy it outright with the cas...
Matt Groth
The ideal multifamily building
What is your ideal 4-8 unit building? Square footage, amenities, etc....or, what do you despise in your buildings?
Michael Lopez
Questions for managing properties out of state.
New here and also new to real estate investing! Learned a lot just lurking but took the leap and getting started now. So I plan on investing out of state and finding deals and using lease options. My question mainly c...
Joshua Nackenson
DSCR for Value-Add
I'm curious how banks looks at DSCR for properties that are value-add. Specifically, a property where there is not any significant cap-ex, simply gross mismanagement.
ie. The market is NOT over-saturated, but rents a...
Cameron Davis
Coeur De Alene Experience?!
Hey there, first forum post here!
My wife and I are looking into expanding our business to the Coeur D'Alene area. We love visiting the city, and we see tons of Airbnb's as well as long term rental opportunities th...