Can some of the members of an LLC do their own exchange or cash out at the time of the sale of the property?A drop-and-swap allows investors to drop out of their current ownership structure, break away from partners a...
Hello everyone,I'm in the process of closing escrow on a fourplex and a triplex. All tenants are currently on a month-to-month. I already have 10 tenants on my existing investments and they all started with a one-year...
Hello,I was trying to get a 48 unit complex (rural but stable area with just under 10% cap) under contract. There were 2 offers being considered by the seller (ours and that of another group) and we were asked for hig...
Hello everyone,I just got a call from my contractor some thieves broke into my rehab and they stole some copper from the main line in the basement. What are some suggestions/security measures you take to prevent this ...
I just bought my first single family home that I will be house-hacking. I have 3 extra bedrooms to rent out. I would like some advice on how I might deal with the issue of roommates breaking something in a common area...
Hi everyone, maybe a vet can help answer my question.. Is it common to ask a seller for the flex option basically tying up the property with the right to purchase or assign and allowing the seller to terminate their ...
Hello BP,Context: I and a couple of friends are trying to invest in a rental property in Austin. I was wondering what's the best way to hold the title and own this rental property? From my research, tenants in common ...
Mistake No. 1: Investing Emotionally
Instead of making a multifamily real estate investment based on balance sheets and merit, some investors make what I call an “emotional investment” in a property. Some investors s...
Many of the legit and non-legit real estate gurus seem to tout owner finance.
I've asked around where I am - in a big metro area with a healthy economy - and people seem to laugh when I bring the topic up, li...
How common is it to use a HELOC on your current residence (assume the equity is plentiful) for a large chunk or 100% of cash needed for a rehab flip SFR?