Kyle J. Cooper
House Hacking Dallas Texas
Should I stay away from homes with pools? Potentially house hacking a single family/rent by the room(also looking at small multifamily properties). Continually getting leads and analyzing those leads. I'll be living t...
Raymond Santos
Need help analyzing a rental property!! Any advice will help
I am looking at this property in Orlando Fl for my first rental I keep analyzing but I just want to make sure that I am plugging these numbers right. Here’s my deal:Duplex Price: $310,000Fha financing 3.5% : $10,850In...
Douglas Gratz
How do I use Rent Calculator here for cashout refi?
Hello friends !So I am having difficulty inputting numbers on various spread sheets due to the fact that I purchased this property with cash, put cash into it, and and refinancing to get cash out. The tool on this we...
Dustin Karns
Advice needed for stolen AC unit
I'm in need of some advice. I had a unit go vacant (eviction) on 4/5. I was advised by my management company to cage the AC unit and approved that on 4/6. But, the AC unit ended up being stolen before the cage was i...
Menon Whitsitt
3bd 2ba on a large lot. What are my options?
Hi,I am about to close on a rehab property with plenty of potential for either a hold or a flip in the Awendaw area near Charleston SC. The house is situated on a 1.5 acre lot that appears to back up to river front/ma...
Jeremy Lahners
Haw many of you have a GC license?
I've been doing some reading and it appears North Carolina, my home state, has laws in place for requiring a GC license once an estimated rehab goes over $30k. A number of the rehabs we've looked at here in Charlotte ...
William Godbe
Lawyer fees for starting LLC?
I just spoke with a local real estate lawyer (Washington State) about setting up an LLC for buying rental properties. I have yet to buy my first property, and I was advised to form an LLC before doing so to protect my...
Katlin H.
Analysis without all the itemized expenses.
Hello All,
What is your work around for your initial analysis of a property when all the expenses are not available?
For example purchase price of $324,900
Gross Income:$49200
Expenses: $8000
Net income:$41200
Cap r...
Sal Zafar
Having properties under LLC for security reasons
Hi All - A general question on having LLC. I am planning to add my properties into LLC not as for Accounting reasons but more like having added security b/w myself and tenant(s). Is this a good valid reason? Should...
Eric Hu
Should I put property in LLC at Closing?
Hello all,I'm under contract for a duplex in Chicago right now and I was wondering if I should put the property into an LLC at closing or hold it personally for a while. The plan is to refinance the property in the fu...