Hello There,I with my friend is looking to purchase / place order for duplex with individual ownership. Just want to confirm if that is possible to begin with without going LLC route. All I am looking to know whether ...

First Item: I am interested in a property as a buy and hold. One issue that I am somewhat unsure about is that it shares a detached garage with the property next to it. As it is now the same owner has both properties....

Hi AllWe are selling our gas station/property and provided the buyer with the past 3 years business tax returns and are doing an inspection, but I received an email form the buyer saying their banker is asking for my ...

Hello all,   I did a quick search for this and didn't find exactly what I was looking for.  Just closed on a 3 family that is fully occupied with tenants that have not expressed any desire to leave.  Is it recommended...

Reviewing a deal I received from a broker "16 Unit Apartment Bldg". In the Five Year ProForma, The Seller is reimbursing the 1st year management fees which is about 10 % of the net rental.As well as the 1st year HOA F...

Can an individual 1031 from the sale of a building into another building with a partner?  I don't see why not but my client thought adding a partner to his next transaction would ruin his 1031 status.Thanks for the he...

Looking at a couple 4 and 8 unit properties and was wondering what might some of the utility bills look like and what is standard to be in tenants name or charged back to them. Curious about monthly water bill per uni...

Hey experts, I am from Tennessee and recently started to learn the tax sale. It looks like our county has a list of 400 tax sale properties and I just did a little bit search on their titles.
Now I've seen utility li...

I am seeing/hearing a lot more about rental scams in my area, where scammers will list a unit for cheap and collect fees on unsuspecting applicants.  It seems to be increasing quite a bit according to people I talk to...

Hi BP
So can you please help me understand private money for long term buy and hold rentals?  I know this is pretty general question but are there a few traditional ways this commonly work?  Does the lender usually l...