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Hi, I have come upon a 4 plex for $ 335,000 that is new and though not luxurious in any way, does have a pool and clubhouse. It is in a somewhat lower rent area and the entire complex of more than 60 4 plexes seems to...
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Hello, I am not in Oregon but I have had a motivated seller contact me about selling their house in Klamath Falls. Before I even pursue this, since I live in Northern Nevada, is it possible to do creative deals such a...
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I know that there have been a lot of posts about whether or not to use an LLC or not for REI. This is not a post about that. We have settled on doing an LLC. However, I have heard a few times on the podcast and in boo...
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Hey everyone,
I've been doing a lot of research educating myself on REI. I decided to look for a SFH or MFH to house hack and eventually turn it into a full rental property later on. I am looking to buy and hold the ...
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Hello.I own a condo in Long Beach, CA, free and clear, that is worth around 500k. I have good tenants in it who pay rent of $2290/mo. I've been getting antsy to reinvest but don't have the savings to do it. What would...
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I feel like I am walking into a confessional box, forgive me BP for I have sinned, it has been a year or so since I was active on the forums.. :)
Anyway, I have been extremely busy for the past year with many aspect...
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So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
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Greetings BP members,Do you think it's prudent to purchase a property with cash, then, subsequently turn around and get a mortgage on the property to recoup your cash expenditure?Thanks in advance,Eric
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I'm hoping I might be able to get some help analyzing a 4plex property I'm considering. This would be my first real estate purchase ever.
The property is vacant, its bank owned and on the market for 180k (...
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This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...