Tushar Shah
Structure a deal in personal name or LLC?
Hello BP!!I am planning to buy three investment properties over next 2 to 3 weeks in Indiana (My first investment properties - Hurray!!). I will financing these properties by putting 20.0% down the borrowing the remai...
Mike Dawson
Dissolve LLC or change name?
Hi all. I have a Wyoming LLC I created to buy a specific property. I ultimately did not close. I want to use this LLC but I do not want to keep the name. It will still be doing real estate activities. I have a D&am...
Keyur S.
Property Management Decision
Hello!
We are going to be renting out a property that we just bought to live in as our primary home. Circumstances have changed and due to a relocation, it seems that it will be best to rent it for now even though th...
Chan K.
Boston MA Home Equity Line, Commercial
Hi Commercial RE Investors,I have a question regarding home equity line of credit or HELOC.Here is the scenario:I went to a local bank asking for a line of credit on my 6-Unit. The lender would offer me an 80% LTV of ...
Trailson Moore
dogs, dogs, and more dogs
Hey all, just had a very enthusiastic applicant apply with 8 dogs!! Have not received the applicant screening back yet. They were curious to see if I would lower the pet fee or allow them to pay it over time. The pet ...
Laura Sawicki
AirBNB Fees - Total Revenue VS Fees
Hello BP Community!I'm working with a client who's interested in a home that's currently used as an airbnb. I was sent some docs as proof of rental income, but I'd like to know how accurate this is VS what airbnb fee...
Alex Houser
Foolish to buy office building?
2 partners and I are looking to purchase a small, 13-unit office building in a bustling local town in northern NJ.My question is simple - Am I foolish for buying office space right now?The Deal:$1.8M for the property,...
Stefano Vrolijk
First investment property as a foreign citizen
Foreign citizen currently living in Miami.Any recommendations in general?How to get approved for a loan?Should I buy with an LLC? Open for any suggestions
Account Closed
Rent to Own: How to draw up Agreement
Our current tenants love the property and they announced that they would like to fulfill a RTO agreement for this property. Do I draw up the RTO agreement on my own or do I need to go through a realtor for the RTO agr...
Ike Okwerekwu
Property Manager Referrals
I recently purchased a property in Fulton County. The property has 6 units with 5 veteran tenants currently occupying the place. One unit is vacant and one tenant is not paying rent and needs to be evicted. The situat...