So I have an LLC that is owned 50% by me and 50% by a business partner. He's identified a house we can purchase with owner financing and only $5k down. This property currently has a tenant in it with a month to month ...
Hey all, I’m under contract for a building lot in a AE Flood zone. I’m wondering how to structure my foundation. Should I do a raised foundation, engineered flood openings, or fill dirt and do a normal crawlspace. I’m...
Hi, all.Just looked at a HUD property today and noticed the attached cracks in the ceiling/walls. Without going too deep, does this look like a structural issue to you? Roof appears to be new(er). House built in mi...
Hello Everyone!
Thank you in advance for all of the support and feedback that enables me to grow!
Initially, when I started investing in RE everyone I approached with an intent to form a partnership with to spread...
Hello Biggerpocket community, I'm an investor from Charleston, SC.What is the "right way" to transfer the deed of an investment property acquired in your personal name into your LLC's in SC?Is it as simple as a quitcl...
Hello everyone
I purchased a property in Buena Park with two units. A 2 bdrm/1 bath and a 1/1 on a zoned Multifamily lot.
The second unit has its own USPS address, gas, electric meters but the city is unable to f...
ALL:
Good afternoon. Can you please tell me if I should pursue this deal and if so, what type of purchasing options would you propose to the seller:
The person is selling 7 SFHs for a total of $98,000.0...
I am a new investor in the Porter County Indiana area. I have built and remodeled houses for 20 years but I now want to venture into some buy and hold properties. I am looking for some advice on how to start out on th...
Hi all,I am about to jump into my first multi-family apartment deal and have some great connections inside the metro Detroit commercial apartment industry. By referral, I am meeting with an attorney from a large firm ...
I’m curious how the taxes work for the seller. If they are owner occupiers then they won’t have capital gains anyways. So in that case it is really just the income stream they can maintain.
But, if they are tired lan...