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I recently purchased a rental property and formed an LLC, to which I plan to transfer ownership of the home. Lawyer says this is standard operating procedure, and should be done. However, lawyer also said that techn...
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All:I have a 4plex up in Anchorage, AK. I've owned it since Aug of 2018 and in the last year I have had 4 separate claims filed for various water leaks that have cost thousands each... First one was trim nails driven ...
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Howdy BP!Is anyone out there renting a 3/2 house (or larger) to multiple nurses, admin, excs, anywhere but specifically in the Roseville, CA area? I've read posts that say most aren't crazy with having a roommate. O...
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Hi Everyone,
I need some help. First time fix and flip turned sour and turned into a rental (Not because I wanted to) Ran out of money and needed to get a renter fast to help keep house a float. The 2nd contractor I ...
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New to REI and looking to purchase multi-family doublex or similar apartment as my first purchase. Doing some basic cash flow calcs, it seems most areas in San Diego are very challenging to maintain positive cash flow...
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Hello all, would appreciate some feedback on my situation:
My wife and I purchased a 2 flat in the Lakeview neighborhood about 2 years ago, It is a 3 story, 2 unit building near right off the Southport Corridor (Very...
Hello,Newbie investor here. My goals are to start out flipping and use the proceeds to build a rental portfolio. Someone who has been in the business a long time (over 800 flips) told me that to get one deal, you ha...
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I've been in the process of bidding on a short sale since October. Today after increasing my offer 4 times my broker said the bank has declined my offer once again. So I've finally decided to walk away. I have a $1000...
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Hi all! I'm saving for my first rental property and have a question I was hoping to get some input on. Rentals are pretty expensive in my area (Washington State), so I was considering buying out of the area. I've hea...
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I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...