Hello All, We are working on setting up a new LLC/Partnership for buy-n-hold rental investing that will have two members. In the past our other LLCs have had 3 members, so 'tie votes' were always a simple majortiy ......
Hi all! I'm looking to purchase my first rental property (second mortgage); However, on confirming with our bank, they do not consider future rental income from the property on their assessment. We currently have our ...
i'm getting ready to update a bathroom that has a double sink. i wondering if it's a bad idea to change it to a single sink. i'm planning on keeping the existing cabinet the sinks sit on but am having a hard time fi...
Can anyone share some thoughts on whether or not to add a detached garage (and if so, what size) to our newest flip project? This is a small home in an older neighborhood in the incredibly hot Denver metro area market...
My buddy is considering buying a duplex, living in half, and renting the other half.
Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?
Thanks in adva...
My Dearest community, (I love you all) - *this post can be very useful for beginners also.I got my LLC registered here in MI and got required education (still continuous learning) for WHOLESALING. Through different ch...
I posted a "House Wanted" ad on Craigslist 24 days ago, and got my first phone call this morning. The older lady inherited an older house that she owns free and clear, and just wants to get rid of it and move to Arizo...
In North Carolina, landlords are required by law to find a new tenant if an existing tenant decides they wish to break the lease for any reason. The existing tenant is only required to pay rent for the time before a n...
How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.
Investment Info:
Condo buy & hold investment in Cape Canaveral.
Purchase price: $255,000
Cash invested: $90,000
2/2 condo 1 block from the beach with pool.
What made you interested in in...