Good evening investors and real estate gurus,Here's the situation: I have 2 tri-plex's in the Tampa Bay area. VA Loan/Conventional loans were used for the acquisitions. I no longer live in any of the units (it's be...
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
This will be my first flip. How do I stay within the 2month time-line? What do flippers do first,, second, third, etc..
A client just texted saying she has a friend who's renting out their investment property in Denver by the room. They rent three bedrooms. Two were vacant but about to be filled. The third was already occupied by a nur...
I have two HELOC's from Bank of America on two separate properties. A couple years ago, one of the HELOC's was frozen due to "declining real estate values". They never froze the other line. Recently, I called to a...
Investment Info:
Condo fix & flip investment.
Purchase price: $1,200,000
Cash invested: $220,000
Sale price: $1,561,000
Three unit, four level apartment building. Purchased and converted to c...
Question; do we design the eight units 2 bed 2 bath or 3 bed 2?InfoCity; Riverside CA,lot size 18,000 sqftB class working familywe do our own builds 2 bed 2 bath rents are around $2,1503 bed 2 bath rents are around ...
Hi,I recently purchased a 2 family home in Bloomfield, NJ. There is a finished third floor that is not a legal unit. To avoid any trouble with the town, I do not want to rent it out as a long term rental, and I am co...
Hello,I have approx. $250K HELOC available (against my primary residence) that I want to use to invest in residential rental property. What is the best strategy to use this? My LLC already owns one fully-paid rental p...
after much research about LLCs and rental properties and umbrella policies I know the extremely conservative approach is to have each rental property in its own LLC. Assuming one was to do that with rental properties ...