Mikey Bentivegna
Buying first investment property
I am looking to get into my first investment property. Im currently living in Pittsburgh. I moved here about a month ago so Im completely new to the area. Any help or recommendations on where I should look into or wha...
Michael Robinson
To corporate or not corporate that is the question.
Hello to all,I have been doing a fair share of researching and although I do understand why some people decide to corporate. I still can't find enough information allowing me to make a clear decision. I'm hoping anyon...
JP Bouka
Foreclosure questions
Can a lender (CU) who has a second mortgage on a property, which is going to foreclosure, sue the homeowner for the amount owed?
The first lender is foreclosing on the house.
Thanks
Craig Tomlinson
CPA QUESTION IN REGARDS TO SELLING A HOME PART OF AN ESTATE
Hello all, I had a quick question and was curious to see what you all think. My grandmother recently passed away and left her home to be split between both her husband and her son 50/50. The son wants his money out of...
Eduardo A.
Don't Think My Numbers Add Up
Thinking of putting an offer in for a property but after crunching numbers, it looks like a BAD deal. Please let me know if my thinking is correct
Property
Conservative ARV: 90k
My Best Offer: 50k
Rehab: ?? (My g...
John White
Notifying Tenants I'm Inheriting
Good Afternoon...I'm a month away from closing on a side by side duplex that are occupied by two tenants who I'm inheriting. When do I send them a letter, notifying them that the rent (as of May 1st) will be payable ...
Nghi Le
Best Way to Gift Property to Family to Avoid Taxes
My brother-in-law has a primary residence (with no mortgage) that he may want to sell to us in the future (and we want to rent it out or do AirBnB). However, we want to minimize taxes for him and for us. Currently h...
Nicholas Armstrong
To refinance owner occupied Mutli-family? Or not to? BRRRR
Hello everyone! I would like your thoughts on something that I have been thinking about recentlyI have purchased a duplex that I will be occupying. My plan is to update both units, rent and refinance to purchase anoth...
Angelo Wong
Low Appraisal
Hi,I recently purchased an investment property out at Memphis, TN last month - 4/2.5, nice schools, low crime, etc. and the appraisal came in at $140K. Comps with better condition around the area was $155K (so -15K f...
Brian Garrett
Why do investors choose LLC's over S-Corp's?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...