Ashley Pinnell
Self managed multi family - Cincinnati?
Hi there, does anyone know if there is a maximum number of units that one is able to self manage in Ohio without a brokers license? For example if we bought a multifamily with 10 units in Cincinnati, would I be allowe...
Janelle K. Eagle
Flipped an Old Victorian in Two Years - And Why I Will Never Do It Again.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in San Luis Obispo.
Purchase price: $1,150,000
Cash invested: $300,000
Sale price: $1,628,000
Built in 1890, this Old Vic...
Darsh Patel
HELOC on my investment property?
Hi, I have an investment property in the Orlando area and I am looking to get a HELOC on the property. The lender that gave me the primary mortgage says that he can't do it because it is an investment property and oth...
Anthony Murphy
AirBnB in Mexico beach town
Still new to this real estate buying and selling and being an investor but have always loved going to Mexico and it’s beach towns.Wondering has anyone been successful in using airBnB or short term rentals in Mexico Th...
Tee H.
Steps to take If i want to rent my home out
Hi, I have an FHA loan on our primary residence, and we have lived in the home for more than a year. We are moving and I want to rent our home out.What are things I NEED to make sure are completed before renting my ho...
Jingwen Ni
Question about saving taxes for high W-2 income
Hello, has anyone approached this issue and was able to overcome it? We are considered high earners and not able to take the passive income loss on schedule E due to the $150k cap thus unable to enjoy the depreciation...
Ryan Johnston
Seasoning requirements and LLC
We are about to do a cash-out refi on a property that we purchased with cash in the name of a single-member LLC which I own. I purchased the property over 6 months ago, and it's been in the LLC the whole time. Now th...
Michele Granata
Who to turn to for experienced advice?
I will be closing on my first investment property in the next coming weeks. It is a 2-family and we will be househacking. We are inheriting the tenants of the 2nd unit. We also will be leaving our SFH to do this house...
Jake Mires
Owner carry or lease option?
I have an interesting situation I need help with! I have a house I want to purchase, I've talked to the seller who just wants to get it off their hands. I suggested this- I pay them $1,000 per month for the home, and ...
Jean Castillo
Bank won't allow purchase under newly created LLC
Some background before the actual questions...
A business partner and myself recently purchased a property for rental profit. Our initial thought was to have the property under our LLC - partnership (recently created...