Josh Stack
Adding Contingencies to Contracts Post DD Period
Hi Everyone,I recently went under contract for a package of three houses with a 21 day due diligence window and a closing period of about 60 days after contract signing. This is a transaction in North Carolina and we...
Mark Minehart
Rookie Mistake-Can't move prop from my name to LLC w/o refi
I'm extremely aggrivated by a bonehead mistake and wanted to see if anyone has delt with this before.
Long story short - I bought property in Ohio (great deal) intended for rental before I had my LLC set up. The W...
Carlos Rovira
Turnovers and Late Paying Tenants
I am being presented with quite the dilemma and I'd like to poll the BP community to decide what I'm going to do:I currently have a tenant in one of my smaller units that consistently pays late. There has not been one...
Justin Darrow
Local Real Estate Investing Advice in Ogden,UT?
Hello BP,
New investor here, looking for local advise on the residential rental market in the Ogden, Utah area?
My wife and I have been doing research to determine the best place for us to start buying rentals to...
David Jay
Prop. Man. request we pay his fees even if tenants don't pay rent
I just got a letter from my property manager who manages eight single family properties that I own. He is requesting that all owners pay the full fee they would normally pay even if the tenants don't pay rent. Our s...
Joseph Verschleiser
Invest in a property using self directed IRA
Hi all - I have a bunch of money sitting in a Roth IRA which I’ve recently learned can be used to buy an investment property. I have enough for a decent down payment on property. Has anyone recently used an IRA to inv...
Barak Schafer
LLC options for new STR
Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...
Brian Alterman
How would you structure this JV, what terms?
Hi BP,I've got an opportunity to JV on a rehab flip deal with some other local investors. This is great for me as i'm new to the game and they can show me the ropes, they have the resources, and most of all they have...
Mark Freeman
Self directed IRA LLC
New to the forum and until last week-end had never heard of Self-Directed IRA. That being said, here's my story:A friend and I both have kids attending college in the fall. We've decided that we would save some money ...
John Chan
Inspection Necessary?
On distressed REO properties, how many of you would recommend to get an inspection done? A friend of mine was telling me it was absolutely necessary because of the chance that there would be faulty wiring and such. I ...