Hello,
I am closing on a home in Panama City Beach, Fl. I have 2 partners that are putting in money toward all the expenses involved in purchase and startup of this property as a short-term rental. All 3 of us live o...

This question requires a little background.Current LLC has four equal partners, each 25% ownership.  For this example, we will call this LLC Homer, LLC.  Homer, LLC currently holds five properties.  One has a traditio...

Hi Everyone! I am a newbie in the real estate business, I am in college but I have always been interested in Real Estate. I want to start off with Wholesaling as I have read that is usually where people begin. I have ...

Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investin...

Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...

I think I found a great deal. I need opinions on a deal and also the funds to buy it. Its a duplex foreclosure - asking price is $79,000. Needs new heating and plumbing due to freezing. Brick exterior. Haven't actuall...

I have a SFR that I bought 25 years ago and have refi'd a few times, pulled money out over the years, so my basis is low but my mortgage isn't as low or as paid off as I'd like.  That said, I do have a good interest r...

Hello everyone, We are planning to sell our house in San Diego, CA. We use it as rental for the last couple of years.We need someone to help us with all the tax implications that go with it. Who do we look for? Real E...

Hi MTR community,We regularly work with local companies to find MTR tenants, but up until now the tenant has always signed the lease, received a per diem, and paid us directly. This is the first time that the corporat...

Bakersfield is known for being one of the cheaper mid-sized cities to buy in, in California.  However, prices continue to rise, even as the lack of water is causing surrounding farmland to be fallowed, and the price o...