Mike Schorah
How are people doing subject to’s and creative financing in this market?
I just talked to a big property manager in my area and she said that since interest rates are so high, landlords are buying in cash only. No financing.
Kenneth Burke
One LLC or multiple for each property ?
I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
Brian Jasinski
Investing with a SDIRA?
Hello BP Community - relatively new to the forum, and had an SDIRA question - did I post this in the right place?Trying to make sure I understand what owning a piece of real estate in an SDIRA looks like.....Can anyon...
Sylvia B.
How will this affect rental rates in my town?
I found this notice in this week's newspaper:
It goes on to explain various parts of the new plan, but then at the end it has this:
Note the part I underlined in red. Current rent for a 3B...
Gabe C.
Can you be a tenant in a house you financed?
My grandparents are in their mid 80s, sold their house last year to rent and simplify life. Their rent got jacked up because the market exploded, and now they want to live in a house again for rent control... but unde...
Jason Howell
[Calc Review] Help me analyze this deal (Indianapolis)
Background: Up front - working numbers daily to get in the routine of analyzing deals. This is part of that. At this stage, I'm not ready to buy. Having said that, I'm trying to approach this using @David Greene's mod...
Drew Dim
Home warranty to cover expenses?
I had a co-worker who would get a home warranty like American Home Shield etc and put hose on each of his rentals. If anything broke or there was any issue he instructed the tenant to call the warranty company to com...
Lauren Cook
Partnership question- acquiring a new property
I could use some advice! I own two homes, one primary and one investment on my own. I also have equity (35%) on a third worth about 365k that closed in February. I have been doing house hacking for a few years and hav...
Srushti Khairnar
PM literally harassing me - KC
Hi everyone, I recently bought a property in KC this year which as tenanted while the COE. The seller let me know 15 days after COE that the tenant is breaking the lease and leaving the next month, they also did not p...
Account Closed
First Deal - OOS MF?
Hello BP Forums,
I have been grinding towards my first deal for a few months now - and with all of the chaos today, my private lender backed out days before closing on a flip. Maybe that was a good thing. With the fu...