Hello,I am reading a Multi-family millionaire book right now, I am curious if it is possible to make cash flow in San Jose by living in a multi-family unit and renting out another. It is ideal to build up an asset as ...
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
Hello All-So I recently purchased a condo (2/2 1k sq ft ground floor apartment) at foreclosure auction here in Wilmington NC. It was quite inexpensive so I feel good about that, BUT I have two concerns and would lo...
Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
It is very tight up here in DFW.-Auctions are going at about 85-90% of ARV less repairs-MLS is getting bid up by owner-occupiers-Wholesalers are a joke these daysI am in the process of starting my first direct mail ca...
I recently had a squatter set fire to one of my single family rentals in Kansas City, (“East Community Team South” neighborhood). The incident was an angry response on their part because I had the property manager boa...
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
I found a potential deal but was wondering the process in splitting one lot into two lots.
Right now the property is 2 houses on .9 acres 200k. Each house has street acess.
If i can split them up i coul...
I'm very unhappy to hear that Dodd/Frank, the SAFE Act, and who knows what else is in the works, is legislation originated from the banking lobby (in cahoots with the governement) aimed at knocking private and small l...
Hey Guys,
Four years ago a colleague of mine introduced me to the bigger pockets podcast and I have been an avid listener since then. Last year, a few months after purchasing my primary residence, I took the leap and...