Ajaya A.
What would you do with 1 Mil Cash? Multifamily?
FolksWhat would one do with 1Mil or 1.5Mil Cash? Stock market is flat this year. I have a 4 unit multi family and understand Berkeley/Oakland Market. I don't mind moving to a large Unit size property. But this is...
Account Closed
leins
How do I find out if there are any leins of any kind on a property?
ofgift
Timothy Metra
How to Rip Off the IRS - Grant Cardone's advice... Legit?
Opinions on Grant Cardone aside (I personally have mixed feelings), he had a podcast titled "How to Rip off the IRS" that I listened to today. I'll list what he said to always do below and my concerns.----------------...
Patrick Hall
Self Directed 401K Taxation of Rental Income
I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
Tony Castronovo
Typical fees and financing for multi-family apartments
First, I am learning that "typical" and "commercial" should not be said in the same sentence. But a couple questions for those with experience in multi-family apartment complexes.First, what should I expect to pay fo...
Lisa Ryan
Tenant ALWAYS late
My tenants are always late. As in they literally have never paid rent on time. They moved in mid-June and paid June (prorated) and July rent, last month's rent, 1 month security. Rent is due on the 1st and late on the...
Mark Vejnar
What's a slumlord to do?
I'm in a small but growing community in the Deep South. Some of the nearby neighborhoods have assessments under $10,000, but the homes are past the end of their economic life. It's not unusual for the properties to ha...
Justin Dyer
Converting Current Home as First Rental
Current home is a TH in Chantilly, valued at just over 500K, owe 350k. I have a VA loan on it now, which I am constantly checking Bankrate for a good rate for conventional non-VA, non-FHA loan. Rentometer is showing t...
Dave Pricken
Positive Cash Flow won't Sell?
Hi guys, I'm new to this site, but here's a question. I have 3 properties, a total of 17 units that have positive cash flow, but I can't get any interest from buyers because the forclosure market is killing values. T...
Letisha Carter
Need some exit strategy help with business plan from expert note buyers
I need a little help with building my exit strategy for my business plan & wondered what the "maximum discount" be for this re-performing note example:
Mount Pleasant neighborhood Cleveland, OH
Interest Rate: 10....