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My current location is very expensive and rents don’t support purchases. I hear of way better deals in other States and would like to know how others evaluate out of State locations
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I stumbled across several lots in rural Michigan (near Alpena) across the street from Lake Huron and down the road from another large sports lake, that are priced around $1,500. For that price I wouldn't be opposed to...
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1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
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So, I received my first guest in my property, and they are staying for 70 nights. The day they checked in, I get a notification from my Google Nest Camera that my battery is at 5%. Their stay just started yesterday, s...
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Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
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Okay. From the 50% rule to the .02 rule, this deal is great. It's 7 SFH that has combined rent for $2850/month asking for $125K. That's NOT a typo! HOWEVER, the "problem" is that the houses are in the hood. Now, ...
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So I'm a renter and a landlord currently. We'll be house-hacking in Chicago, but we're moving out of our current apartment to take possession of the new 2-flat we bought. We gave a notice to vacate with our rent to ou...
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I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
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I have a small house , not very expensive and a not so good area. Rent is $500 and I bought the house to wholesale it but it was a good deal and the renter has been in the house for 8 yrs. The Oct. payment was late ...
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I'm new, but it seems to me that in general Real Estate doesn't make much sense without loans. It seems that by using your cash as a down payment on a loan, you are able to get a bigger property with better cash flow,...