Dustin Leonard
Should I start an LLC or wait until I actually have assets?
Should I start an LLC right off the bat or wait until I actually have an asset or 2 and then transfer. If I should transfer later, what do I do about the "due upon transfer of ownership" clause from the bank? Can I ge...
Aniqah Kalam
Property 2: Turn Key Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,380,000
Cash invested: $450,000
I was looking for a multi-family investment property in the same neighbor...
Brittany Stradling
Are you seeing 2019 numbers?
Are people seeing 2019 numbers this year or is it just my property? My property is new and I'm not sure if this is normal. I evaluated the property based on an average of 2019, 2020, and 2021 numbers, so it cannot sur...
Shannon Erickson
51% Owner Occupied Rules- 49% Renter- HOA Condo Rules
Hello all!My condo building HOA has a rule about 51% of the building needing to be owner occupied, leaving only 49% to be renter occupied. This is managed by the Board of Directors with the HOA- other homeowners withi...
Clinton Levi Lindley
First Investment, House Hack, VA Loan, Fortwalton, Destin FL
Hello BP!For my first investment I am searching for a “house hack” on the Emerald Coast of Florida. I was recently pre-approved for a VA loan in the amount of $424,000. I do not want to spend the whole amount. When I ...
Luis De La Fuente
Paying down debt vs investing
Hello all-What is the general opinion with regards to paying down debt vs investing in properties? I will be receiving a bit of cash here in the near term and cannot decide whether to pay off my existing credit card ...
Ahmed H
Experienced Chicago Area Investors
I have been searching for multi family units around Chicago to buy my first rental property, but have found it to be quite a difficult task.
For investors familiar with the area, what neighborhoods have you f...
Mark Maire
Possible first deal
Found a 4BR/2BA on MLS for $136,000.
Principal & Interest: $557
Taxes: $94
Homeowners Insurance: $55
MONTHLY HOA: 30
Only rents in the area are 3BR/2BA for 1350-1450
I will go with 1450 market rent.
Home needs c...
Joe Fish
Understanding STR trends
For the experienced STR investors, what insights can you share about occupancy and rate trends? How is 2023 shaping up relative to the past few years?I hear a lot about how over supply is driving down prices and occup...
Henry Clark
Self Storage- Cargo Containers
Primary question to check on with your local zoning group, are they allowed. Same goes for individual collapsible storage units. The following discussion is just on Cargo Containers.
Only if you have cheap/extra la...