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I live in California. I am buying property in Ohio. I was thinking I should start an Ohio based LLC for this property. Any thoughts or ideas would be appreciated.
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Has anyone ran into this where Fannie is countering the buyer's offers on short sales waaay above what they will actually appraise at? Slightly above the appraisal value I can under stand due to the low inventory and ...
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HelloI have a prospective tenant that wants to run a daycare/school type business out of one of my properties. I met them both today and they are very nice people and have done this before at a previous place. They’v...
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I am new to this and have just been looking at real estate around where I live. I am wanting rental properties. Most things in my price range are in tough neighborhoods. Everyone I talk to about it says it is a bad id...
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Hello everyone!I recently bought a fourplex in San Diego (October 2018). It was fully rented when I purchased the property. I received rent rolls from the property manager during escrow and also had the tenants sign e...
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Hello everyone,
It has been almost 1 year since purchasing my first deal and I'm planning on looking for the next one middle of 2023.
I am curious on how the lending works if I have my townhouse fully rented, does ...
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Howdy BP fellows! I just got my California General Contractor license, my mid term goal is to start a property management company, does being a general contractor helps in any way starting the business (other than abi...
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How do I find good contractors?
Approach 1: This is by far the most effective way to find good contractors. Drive around similar properties to yours that are being renovated and get these contractors information. No ...
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Hello BP! I've been working with some buyers on larger apartments around the $1m purchase price and have found some solid 1% rules in great A-B neighborhoods but the issue I'm running into is that commercial lenders a...
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I don't post much, but had to post my January results doing a rent by room model for one month. I bought a 4 bedroom and turned it into an 8 bedroom. It went live and we filled it in 12 days. I had planned on 3 month...