I am closing soon on a property that I am financing. My plan is to do a quitclaim deed after closing to get it in my LLC's name. Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...
I have a three-plex under contract that each buyer who has seen it has said they like the numbers on and want the property. It is priced at 215K and has rents of $2,050 which are easily increased to $2,500-$2600.
It...
I'm considering making an offer on a 12 unit (would be my first RE purchase)with the following characteristics:
Asking price: $585,000
GOI: 95,940
NOI: 50,910
12 2bd 1ba units with rents ranging from 425-595, two of ...
I'm looking at a passive real estate investment where part of their equity raise is for Tenant Improvement and Leasing Commission (TI and LC) reserves. When they calculate their annual cash flow, they do not include t...
I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
I just bought my 1st investment property. It is a 50+ year old property that is in pretty good condition. I just ripped out the kitchen cabinets and have a couple of concerns.
1. There is no insulation in the exterio...
There is a dark side of buying a property with no money down at full market value.
I get alot of calls each week from people that bought their property last year and got a 100% loan and now they have to sell the prop...
Hi BO members,
I recently saw a multifamily house in a good neighborhood but it has asbestos on the siding. It will cost money for removal. I was just wondering if it is worth to go through this trouble of making the...
So in this year of the Presidential Election, I thought I would ask, which party, if they win the White House in 2016, will benefit Real Estate Investors more in the next four years, republicans or democrats and why?
Yes, I know. Being lied to is nothing new but here's the story:Last Friday, they we complaining that their stove wasn't working (eventually we found out their complaint was that one of the 4 coils/burners got "too" h...