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I am under contract to purchase a HUD property that has been vacant for about 2 years. I am having an inspection performed next week but they will not allow me to turn on the water. I do know that it has failed a pres...
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We bought a single family home near downtown Denver, gave it to a builder for constructing a duplex after doing a quit claim to an LLC in 2018. The Duplex finished building in Summer 2019 and we sold it in fall 2019. ...
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My LLC was form and office in the US who own all the properties. The LLC already have an EIN. Properties acquired last year 2017 and are still under repair and no income for last year. Do i still need to file a return...
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Hi all--
New to the board with a quick question.
I have a nice older home with a garage apt. in a depressed area that cashflows marginally... great for awhile, but the area is flat, taxes and insurance are going up ...
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To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...
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We recently bought a property that we have found out within the first few weeks of owning it that is has VERY SERIOUS drainage and humidity issues and lots of previous water damage that the sellers did not disclose. M...
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I’m trying to figure out what is the best way to hold rental properties. Is it better to place them under LLC’s or hold them under your name and then carry an umbrella policy to have more liability coverage?
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So I want to explore lease options or owner financing. I have a seller who is intrested in the possibility. I went against my better judgement and signed up for a seminar and bought the course mostly for the contracts...
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Hello,I have a property under contract that I want to add another bedroom and another bathroom above ground. I had a plan to add them in the basement but this is not giving me enough value into the ARV so I decided wi...
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I recently completed the buy out of my family members on a quadplex. We had tenants that have been renting from my family for roughly 12 years. They are great and give zero issues. The only problem is my grandparents ...