Jessica Vollendorf
Insurance Policy on a LLC
I'm looking for some knowledge around insurance. I own a rental property and it is a LLC. The property has 2 different units on it. The main house and an accessory dwelling unit. Each unit is rented out to different t...
Maryanne Kichline
Best way to Cash Out equity on conventionally mortgaged rentals??
Hi AllBackstory. I have 2 rentals. Both were mine and my husband's primary homes prior to marriage. We kept them and rented them out. Both have about $100k notes on them. Comps are currently selling for $220-225k. 30...
Jennifer Saylor
Tenant passed away and there is 16 months left of the lease.
Hi, I need some advice on how to deal with a lease after the tenant passes away. I know the law in Maryland states that the lease remains in effect after a tenant passes and the remaining lease obligation will be sett...
Dwayne Clarke
Multi-Family Investment Question
Good day!! Quick question. I’m a new investor with 1 door and was recently cautioned about purchasing multi-family properties because investors are dumping them, especially 5+ doors, in anticipation of a Market correc...
Rachel Zhang
litigation necessary? cloud on title caused by bank
I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
David Gotsill
Colorado Springs - Turnkey Provider Recommendations
Hi All - I'm looking for any recommendations for single family home turnkey providers and managers in Colorado Springs. I would be looking to finance and would therefore appreciate providers with established connecti...
Sam Kovatovich
Need advice HELOC / HELOAN or don't do either?
Hello! Newbie here, wife and I would love to purchase our first rental. We thought it would be best to see what we'd qualify for first, and we've gone pretty far down that path and have submitted all the paperwork fo...
Kelly B.
llc no operating agrement, fall out with partners
Here are the ridiculous facts.1) we bought a building with "friends" to be rehabbed and turned into a short term rental. We drafted an operating agreement after I formed the llc. We discussed and they seemed ok with ...
Angel Rosado
What can $5,000 do?
Is there anyway that I can begin investing as a buy and hold real estate investor with a mere $5,000? My rent in the Bronx is really high and it aggravates me that I have to pay someone for my apartment! I want to be ...
David Mo
My First Flip Project
Investment Info:
Condo fix & flip investment.
Purchase price: $35,000
Cash invested: $5,000
Sale price: $67,000
My first ever flip project. The deal was brought to me by a wholesaler who is n...