Justin Mizell
Advice on how to acquire a rental from my parents.
Any help will be much appreciated! Situation: My parents own a rental property that they would like to get rid of in July of 2021. The property is worth $155k per the comps in the neighborhood and they owe $70k on...
Daniel Robb
Purchase Parents Rental
Greetings, my first time on the site, and I’m excited to get to know you all and hopefully be able to contribute. I’m looking for advice on purchasing a rental property for my parents. They are not skilled at managing...
Andrew Curro
When do you pull trigger on creating LLC
What parameters do you use when deciding whether or not to create an LLC for your property?I’m looking to buy a small multifamily home and use a medium term rental strategy in Albany, NY. I’ll owner occupy. It will be...
Sondra Lovett
Birmingham, AL (Tarrant)
Hi all - under contract for a 4-plex in Birmingham, AL in Tarrant (35217) and new to this market. My partner and I are looking for cashflow and need to start putting together our team, particularly a property manager....
Natalia Kietlinski
Sex offender on one side of investment duplex
I had an offer accepted on a duplex. I found out through google that the tenant living on one side is a sex offender. The lease will not be up for another 7 months. Will this be an issue for me for finding tenants to ...
Julio Gonzalez
Historic Tax Credits Can Increase Your ROI
Preserving historic buildings plays a big part in the cultural and architectural heritage of communities. The government encourages property developers and owners to invest in these types of projects by offering numer...
Cassandra Brown
Transfer to LLC before exchange?
I'm new to this and thinking of exchanging a fourplex near San Diego for some properties nearer to my residence, in Wisconsin. I received the property from my mother as gift (not inheritance) so there is quite a bit...
Brandon Johnson
Closing Attorney's in South Carolina
Need advice how to find an investor friendly attorney. Also, should I use an attorney in the local area where I'm investing? Or can I use an attorney local to me for each transaction?
Mike LaRosa
Foreclosure Guidance - Outside of Philadelphia, PA
I came across a foreclosure on Trulia with the "Starting Bid Price" listed at $31,698. The foreclosure type is listed as "Judicial." I am familiar with the market and know that this property has to be valued well over...
Tanner Johnson
Controlling liability with sole proprietorship?
I am operating as a sole proprietor at 22 years old with 22 units grossing about 160000 netting about 80000 and needing to know what the best route is to protect myself, currently have some liability insurance but I w...