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HI dear all, I just close my first SFH rental deal in C+ neighborhood. While working to set insurance, I've noticed the insurance company DOES NOT cover intentional damage caused by tenants. They said that maybe some ...
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Hello, I'm currently looking at a 10-unit low-income apartment building. I've contacted the management company and am waiting to hear back from them regarding their profit/loss, rents, and expenses. I would like to ...
Hi, I'm new to real estate investing. I was wondering if I form an LLC to use for making investments, could I deduct the purchase of real estate from my regular income? For instance, let's say I make $200,000 a year f...
TLDR: Landlord added lease language for taking care of dog and has neglected these duties. Landlord is aggressively pursuing damages caused by dog and will not let tenant out of lease.I currently rent a basement level...
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I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
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Hi BP,I am a new investor who is currently taking the RE license course in NY and looking to house hack my first property soon (getting the reserves up at the moment). I've been speaking to a couple of agents in the a...
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Hey everyone,If you are flipping homes, do you use the same color schemes for all your houses, do you have a couple of different color schemes you select from, or is it different every time? What would you guys recom...
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This is speculative. But would you do a deal where 80% LTV @10.5% for 15 years.
The property is in a high growth international market - 15% annually. No cashflow since this would be under-construction.
How should i e...
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I've just started shopping around and running the numbers on multi family properties for sale around me. When I calculate cash flows the numbers I get are all over the place for very similar properties in the same are...
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One of the strategies I’m considering is using hard money to pick up a 2-4 unit property so that I can get more properties with the available cash we have. Assuming 10-12% makes sense, is it normally done to use hard ...