I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Hi All,I have been pre-approved for my first investment property. I have set up a weekend with a real estate agent in Cleveland to look at some small multifamily properties (2-4 units) and hopefully I will find someth...
Hi everyone, I'm a new investor looking to purchase my first investment here in the next few months. As an OOS investor, I've narrowed my potential market down to either Cleveland or Columbus, Ohio. My strategy is t...
Hey all. I would like to ask those of you who have invested in out-of-state turnkeys several questions. 1. How many out of state turnkeys have you purchased?2. Do you still own these properties or were any sold?3. Ho...
I bought a piece of property that ended up having five brothers that had to sign off on it they wanted nothing to do with the house so they signed quitclaim deeds (notarized) and one brother who signed over a grant de...
We have been reading consistent posts for four years now regarding "it's a bad time to start", "the recession is near", "I can't find good deals", "the market stinks", and similar posts. I suspect that we need to und...
I know that with residential properties, you need to be there for your tenants or have a property management watch over the place.
Is the same true with commercial? Or can you basically write into the lease agreemen...
I am torn in how to start (not to be confused with analysis paralysis, well maybe a little) Input is welcome on these lines of thought:1. Should I seek the nicer areas of town to buy single family rentals and keep the...
I have a rental that I purchased in August of 2014 and I went through a lengthy process of getting the original renters out who were section 8. I fixed the place up and it has been rented since February. I have receiv...
How do I get private money? also after I get the money how do I create a legal mortgage?