Hollie Bendall
4 unit with converted garage
I’m looking at a Quadplex in MI that also has a garage that’s been converted into a 5th apartment unit. I know that conventional and FHA loans only lend on (up to) 4 units. I’m curious if anyone knows if this property...
Ben A Snyder
Developing a LLC for ypur business or each property
I was wondering what the advantages or disadvantages were to creating a LLC business to purchase all your properties under or even further an LLC for each property your properties. I'm trying to figure out if this wo...
Milagros Aspillaga
My family's first rental property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $230,000
Cash invested: $230,000
Single-family home; no mortgage on the property; purchased brand-new; was original...
Chuck Oese
What to Do with 550k in Equity in a Breck Airbnb?
We own a second home in Breck that we Airbnb for about 2k of cash flow per month. The mortgage is down to 134k and the house is worth about 700k. Wondering how we can use this equity to our advantage to scale up with...
Jeff Shorter
Borrowing money in one state and buying in another
Hi, I have a rental property in California that does not have a mortgage on it. I would like to take out a mortgage on it in California and buy a multifamily in Massachusetts. The advantages are that I can get a b...
Peter Tonsits
Buying Close to College Campuses, Good Idea or Bad?
Hi, My name is Peter and I wondering if anyone has any opinions on buying properties close to college campuses? To me it seems like a great idea as you will always have a large pool of renters and as the school gets b...
John D.
Lease/option, pending loan mod
Investment Info:
Single-family residence fix & flip investment in Auburn.
Purchase price: $232,000
Cash invested: $272,000
Sale price: $430,000
Lease-option on a home in Auburn that was under...
Harris L.
LLC questions with a California LLC doing 1031 Exchange
Hi guys, I have a question. I have complicated transaction and setup.
My business partner and myself bought an office condo 12 years ago under a California LLC and we sold it last month. Very straight forward. We th...
Steven Wood
850 Park Ave, Reno, Lease, Hold.
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $135,000
Cash invested: $65,000
Sale price: $135,000
Mixed use multi family/commercial. This building was...
Tracey C.
new property management company
I have started a new property management and would like a little advice.
I'm starting my company in the Md, Va, DC area. Do I or my project manager need a real estate license to operate in anyone of these states? Al...