Jason Renda
dual purpose condo purchase - live then rent
Hello All,I'm not known for being succinct so please bear with me!! A person finds a suitable 2 bedroom condo which meets nearly all of his/her PERSONAL occupancy criteria. It's proximity to kids, close to work, safe...
Edouard Pierre
To Do or Not To Do - HVAC Converson on 7-Unit Building in Chicago
Let's see if I can keep this short and sweet. I just closed on a 7-unit building in Chicago for a very good price. My biggest and most expensive decision is whether or not to convert the massive boiler/radiator system...
Alex Johnson
Little help on putting together an owner financed deal?
Looking for a little help on the nuts and bolts of putting together an owner financed deal. A friend's parents have been retired for about 5 years now. They own a small 3/2 outright and have been renting it to the s...
Steven Barr
How is a single family home portfolio valued for cash out refi?
Trying to wrap my hands around this theory….Let’s say I buy a home in the Midwest - a duplex for 75k. I rent each side out for $800/mo.Now let’s say I do that 10 more times. I have 10 duplexes that I bought for $75k e...
Joshua D Black
paying cash vs financing
Maybe it's my years of listening to Dave Ramsey, or maybe it's the way the numbers look in my head, but if you have the capitol to pay for a rental property 100%, why would you finance? it seems to me like you are tak...
Carissa H.
Should I start in property management or obtain my real estate license?
Hello,My name is Carissa Hendricks and I am so grateful to have found this community! I am finishing up How to Invest in Real Estate by Joshua Dorkin/Brandon Turner and would like to take another action step. My husba...
Maneesh Joshi
creating LLC for rental properties
Hello, I live in New York and I am looking to start buying rental properties in the Philly area. I am fairly new to all of this and I am trying to wrap my head around what the advantage/disadvantages of creating and...
Mehdi Haider
Managing real estate finances as I expand to multi-unit
I am mulling options to see if this is a real problem for new or existing landlords today. I have a single property that I've started out with and for me to manage the costs I have a single account and an LLC. As I pl...
David Morrison
Zoning question from sfr to multi-units in san diego
I am currently trying to buy a property in San Diego. The property is a 3 bedroom 2 bathroom house and it has 2500 square foot on a .33 acre of land.The county records indicate it is zoned as a R7.I believe R7 means ...
Libby Kelly
Vacation homes
My husband and I have been toying with the idea of a vacation home in Virginia. The town is turning into a second home community with deals to be had. We love the location on the Chesapeake bay for our kids and the ...