Bob Langworthy
First property is a 4-unit office building
When I was 35 I set my first real estate goal: to own a multi-unit commercial building by the time I was 40. I'm an accountant, so I knew that I would have at least one tenant. I also had some particular areas of town...
Chase Rule
Low money down options
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at. The DSCR lenders and Commercial bankers I've spoken with don't know what I'm tal...
Zack Reder
HVAC payoff on old vintage buildings
Hey All,I have very few comps because of how different my local market is from the rest of Oak Park so I'm not able to easily look at comparable units w/ and w/o HVAC in my area. I know that I'll cut down on my paymen...
Steven Thoma
Investors - How Do You Track Your Properties?
Investors, and in particular those that do *not* manage their properties - how do you track your properties? Is there a program or software that allows you to easily observe all the properties in your portfolio, as w...
Account Closed
tax help- muy importante for success....
I suppose I could ask my cpa but Ill see what you guys think on this first so he doesnt bill me for consultation fees...situation: my partner and I wish to finance a property. due to the deplorable lending market, its...
Josh Marcus
LLC question for soon to be rental property
I purchased a home in Georgia a few years ago to utilize as my primary residence but just recently accepted a job in Florida. I've decided to turn the Georgia property into a rental but want to protect my assets by...
Sean Molloy
Hard Money Lender- Ask Me Anything
Hello All, My name is Sean Molloy, I am a Production Manager for WDB Funding, a nationwide hard money lender. Ask me anything about hard money lending and I will do my best to answer! The purpose of this discussion wi...
Thomas Hundtoft
Stumbling on to a good thing....Colorado related VRBO
I have been hosting on VRBO here in Winter Park, CO (my home away from home in GJ) and have been doing well with the revenues on the condo. I am really liking the renters. For the most part people have been great. O...
John Casmon
Chicago "Problem" Landlord List
To my fellow Chicago investors, wanted to share that the city is now posting a list of "problem" landlords online. The city's rationale and list is linked below. Interested to hear thoughts on this from other people....
David Frol
Prohibited Transaction?
My Roth IRA owns less than 10% interest in an LLC that invests in commercial real estate. One of the projects of the LLC is now completed and we are ready to list it. Can I be the listing agent for this transaction si...