Robert M.
4 Unit Apartment Building with one Water Line
Hello All,I currently own an apartment building in which has four units. Unfortunately the building has one water meter and line which provides free water to the tenants. I had new tenants move in and I believe they a...
Account Closed
Complete Gut and Rehab Costs?
Ok guys,Below is a house I am ever so slightly considering working on. This may sound absolutely retarded so feel free to weigh-in however you "experts" deem necessary. Heres the deal, this house is in a nice up-and-c...
Mark Nolan
Can't Charge Application Fee in MA. Options?
Hi all!So in Massachusetts it's against the law to charge an application fee or to charge a prospective tenant a fee for a credit check.So...What do you do? I really like SmartMove, but I can't say I'm interested in ...
David Yee
How to inspect house when purchasing out of state
Hello! I am currently reading J. Scott's The Book on Estimating Rehab Costs. I plan to purchase my first property within the next year but will most likely be doing so out of state due to financial constraints. How ca...
Yuliany W.
LLC Classification: Partnership, Corporation, or S Corporation?
Hi,
I would like to get your thoughts on this. I recently created an LLC to own my future real estate properties and I also just applied for an EIN. What is the best classification for an LLC which purpose is to own ...
Dong Shi
Should I invite them to lease or should I hold out?
Hey,
Hey, I've got a listing here in a B neighborhood in C city in the Bay Area (Hayward, CA), that I'm trying to house hack with me living in the ADU out back. The property is top tier in terms of renovation and v...
Avrohom Green
I have $20,000 in cash is there any way to get into the market?
Hi,I am just starting out and have $20,000 in cash invested in the S&p 500. I am looking to get my feet wet in real estate. being a new investor I don't want to get to risky as I am prone to make mistakes with my ...
Kenneth Huddleston
Wholesaling- Legal in Oregon?
http://www.oregonlaws.org/ors/696.020
http://www.oregonlaws.org/ors/696.010
I was talking to a realtor recently as i am looking to break into the wholesaling game and probably will be soon, and he was w...
Payton Reid
Should you buy a rental property with cash?
I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
Paul McCormack
Gurus that require profit sharing - Unethical or par for the course?
I recently evaluated a mentor agreement with a nationally recognized expert in SFH investing. Let me state upfront that mentoring and expensive courses are not something that I believe actually work, yet this program ...