Shea Spinelli
Owner Financing Question (help)
What is typical terms on owner financing a larger offering? I have a couple willing to owner finance 300k for a 12+ unit property on a low to middle income property they've held for 20 years. In negotiations, I want...
Chris Penny
Building an inlaw unit for rent
My house in Union City (East Bay) has 3 beds/2 baths of 1340sqf + garage on a land of 6000. Recently I've been thinking about building an in-law unit of around 600-700sqf with private entrance and put it for rent. The...
Tris Rollins
All cash now but I need that money back...
I am looking at buying a property all cash so I can close the deal quickly over someone else. How long would I have to wait to get my cash back out so I can use for another property. Are there multiple routes? I do...
Michinori Kaneko
Rental income go to LLC while owning the property personally?
Hi,
I have an agent that I use that invests personally, and she has the property under her trust, but all her rental incomes/expenses goes into her LLC, while both the LLC and the trust are wholly owned by her. My si...
Kevin Kaczmarek
Is Note Carry-Back a Security?
If I buy a property, sell it on terms and decide to sell the note 100% I know I am selling an asset. If I hold back say 20% of that same note, is that considered a security? I heard the idea this morning and the first...
Trevon Peracca
Series LLC
Does anyone here use a Series LLC for each property they own? Can someone please ellaborate on the Pro/Cons of a Series LLC versus a standard LLC.
Gopichand N.
Toilet leak gone unnoticed for years because of caulking
I own a condo and my plumber found a toilet leak when recaulking ,the wax gasket never made contact with floor and there is lots of water under the toilet , not a flooding scenario , the toilet base is 100% caulked he...
Sam Wilson
How to finance a property with maxed out DTI
Hello everyone, first of all I want to thank you for taking the time to read my post and hopefully give me some advice. I am a newer investor in the Portland area and I need advice on how to move forward with financin...
Tara Bergstrom
STR Housekeeper Incentives/Bonuses
Hi!
I have my first STR up and running. I have an excellent housekeeper that I want to make as happy as possible. She mentioned that the previous owners treated her very well when it came to random bonuses or holiday...
Carlos C.
Series LLC or Wyoming Holding Company?
Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...