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I know the basics of what an LLC is used for, but I had some clients today asking what the major benefits I've seen so far with investors using an LLC. What can you say about having your investment properties under an...
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Hello all. I could really use some help here.
On 04 APR 17, my wife and I purchased a 3bdr 2ba for $417,500. She took 100k from her previous purchase and put it towards our current home. We then financed the remai...
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Hi BP, Better weather is here so people are out and about! My tenant called me and told me that someone threw a brick at my rental property in Indiana and smashed a window. Its an older window so it will need to be re...
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I have come upon an interesting opportunity, but I'm not sure if what I want to do is possible. I found a prospective investment property in NJ where I live, and the owner lives in California. She inherited the prop...
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Quick question for all you Wholsalers. When you are determining an offer price are you subtracting the average costs of hard money?Example:ARV is $100KMax Financable is 65% or $65KRepairs are $20KAre you then simply ...
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I have a LLC owned house that I'm going to renovate and sell. I've been financing with an equity loan previously, we paid that off with the last sale and would prefer not to get into that again.Our local bank is happ...
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Trying to decide if its worth the 1k fee, and the hassle of beating the 45 day window to find a replacement property that the 1031 rules call for....Bought the property for 112k, and it will sell for 148kI am creditin...
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Hello fellow tenants & landlords,
I hope everyone is sound and safe. I recently moved into a Single Family Home in Mountain View, CA. My landlord has sublet a portion (upstairs) for another person. The other tena...
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ARV - $40,000
My Maximum Allowable Offer (MAO) - $21,500
Montly Rent $550
Operating Expenses $275
20% down on private financing of MAO purchase price = $4300
Monthly Private Financing Payment 8% interest = $12...
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I am looking to purhase a 2 family home half of which is currently rented out. I am told the renters enjoy their spot and would like to stay. The second no rented spot is out dated and will ne renovations. This pro...