I am in the process of buying my 3rd rental property and several people have recommended putting the property into an LLC for asset protection. If I buy it in an LLC, financing becomes expensive, if I buy it in my ow...
Hi all, Had been reading a lot, but this is actually my first post. I have a family member moving outstate(early next month) for work reasons. He bought house two year ago as Brand New construction, value of house has...
Hi everyone, I’m Kevin, 27, and an Air Force Pilot. I’m excited to say that yesterday, I vacuumed my truck. If you don’t know what that is, go listen to Podcast #276. I first became interested in real estate when in m...
I’m looking into purchasing a small motel that has been on the market for a while and want to figure out a strategy to purchase it at a lower price.Details:Asking $240k. It was listed at 280k a few years ago, and the ...
Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...
Hello, I’m looking to get started in real estate investing. Specifically wholesaling because I don’t have the capital or credit at the moment to be able to purchase properties yet. I’m 22 years old located in Queens, ...
Considering buying a small single family home in Dundalk area off Wise Ave for long term rental,possible flip...Any rent restrictions or other issues I should be aware of in that area?ROI numbers seem not bad and area...
Hello All - First off, sorry for the long post but I wanted to give sufficient context here. I am considering purchasing an 11-unit mixed use (10 residential and one street level bar/restaurant unit). The property is...
Hello all, first time poster. I am currently examining multiple properties as a newbie and first time investor. I’m specifically interested in the BRRRR method as I have some capital but not enough to purchase and reh...
My partners and I are looking to close on a commercial residential property (20-60 units) before the end of the year.I would like advice on how to calculate the anticipated property/real estate tax once we take over t...