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I just watched Jerry Pucketts podcast which was filled with some awesome info. I liked his formula for finding the price he could purchase a property which isARV-rehab-(your fee). I wanted to see what other wholesaler...
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I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
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I run a small management company and we have just a few clients so far but there is one thing on the management agreement I haven't really gotten a grasp on and can't seem to be able to explain it to my client. On sta...
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Hello everybody, So I'm a new landlord, and trying to manage the property myself, and at the point of designing my first lease and corresponding renewal for the 1 unit of my duplex I just purchased. I hope to keep the...
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How does a market downturn impact the mobile home parks and Multi-Family properties differently? For example, how would an apartment building lose its value in a market crash, and be tough sell? Is it because or a low...
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I came across a FSBO, it’s fully rented and totals $2550 in rent roll. Seller is a little old lady. She “just wants an offer”. The daughter guessed she’d sell for $140k-$150k. After running the numbers it will gen...
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Hi everyone. I've been back and forth on this topic depending on the day and I would love to hear what others think. I currently have a mortgage free duplex in Lowell, MA in what I would describe as a B-/C neighborh...
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We are purchasing a duplex and are looking for general coverage advice on:
liability
deductible
replacment cost?
right now for a $60,000 duplex we were quoted at 1100/year with 1k deductible
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Hi everyone, I’m an engineer in the Houston, TX area looking to purchase my first house/start investing in real estate. I’ve been researching the different strategies presented here, listening to podcasts, reading boo...
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Hi members,
I am in the process of renting my 4 bedroom SFH which I have priced towards the middle of the rent spectrum in the area (~$1850). I have got lot of prospects that are intersted but to my surprise all of t...