Good Afternoon!I will be closing on a duplex this Friday. We opened a HELOC on another rental property (a 4-plex) with 800k in equity. The HELOC is for 190k. I will be using 90k from the HELOC to put down on the duple...

So, what’s the best way to own a property as an investor/ landlord? I’m assuming some sort of LLC or similar.

Is LLC the proper vehicle?

Do I buy and quit claim to the LLC, or does the LLC need to buy it?

Any othe...

With all this commotion about a falling market and homes appraising lower than what they are worth, why don't people start buying? Buy now and hold that property for a while. Forget flipping and short sale. Why settle...

Well in my studies I came across the following link which I think might help new people who are starting out avoid some authors and "get rich in real estate" programs.

http://www.johntreed.com/Reedgururating.html

Re...

The mortgage is due on the 1st. I'd like to have the rent due on the 15th. While I do have funds set aside to pay the mortgage in the event that rent is late, I like the little safety net of not having it all due at t...

Hey everyone, I'm new to the site and getting serious about making my first move in real estate soon. I've done the saving and am ready to make move soon. I know a lot of people say it's best to invest in your backyar...

I own several buildings in a 25yr old neighborhood of 4-plexes. Several of the owners and I have discussed the idea of setting up a HOA to improve neighborhood conditions, and improve desirability, etc. Has anyone tri...

I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...

Hi there,

I finally decided to make a profile and join; been lurking in the shadows for too long.

Here is my problem (it's a great problem, but still one I need to make the right decision on):

I bought a five unit...

Do you leave the blinds open? Is there any risk of more vandalism if they are open in your experience?

I have finally finished the rehab on my first investment property ever and thought this was interesting: When we...