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I have been shopping around for lenders for a 20% down DSCR loan for a new short term rental property. One of them told me that if I close the loan directly into an LLC (which he confirmed they can do), then it won't ...
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Quick question, purchasing a long term rental through a sdira, how exactly does the rental income get back in the ira? Obviously I haven't set this up yet as I would probably know the answer, just thinking ahead.
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Does anyone know a good property manager in Springfield MA?I am buying a 3 family home built in early 1900s. It is fully occupied with good cash flow. I am looking for a property manager who provides good service to t...
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Can someone give me some insight into seller financed deals as far as loan servicing goes? Do seller financed deals get serviced through a bank or another financial institution? I am curious how payments on an owner...
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I'm interested in doing month to month leases with my new tenants. Anyone have experience with this? I want it to be able to evict tenants easier. Is it as simple as having a 30 day notice given to them and they ha...
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So I just purchased my first multi family (3 units) in Haverhill, MA. the first floor unit and second floor unit are already rented out for what the current owner stated is 1400 a piece and claims that the tenants alw...
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Hello Bper's
I recently acquired a retail building and I have a tenant who has trouble paying his rent. His rent is 6k a month and he is sometimes able 3000 in two separate payments. His business is somewhat seaso...
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Hello BP I need some advice I purchased a property from my contractor/partner. He told me that he already had a tenant lined up to rent the house too. It is one of the guys who works for him. My partner vouched for th...
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A family friend owns a handful of rental properties and has been struggling finding a management company he can trust. Long story short my father presented the idea to me of starting my own small time management compa...
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So I have someone willing to give me private money to fund real estate deals. What is the best way to handle the money? Do they give me the money to put into my account and let it season for a few months? Or do they p...