Shaun R.
Transfer Title / LLC Lending
I will try to keep this as brief as possible :Partner and I purchased 2 rental properties in Florida with cash under one LLC (lets call this LLC 1).Now looking to do a cash out refinance and having trouble for a multi...
Samantha Klein
Expense or depreciate repairs?
Hi all, I purchased a duplex in July and gave both sides notice to vacate. They both vacated Aug 1st. My question is since it was already in service on the day I took ownership, can I expense the costs to fix it up? I...
Sherwin Vargas
should i move into a basement. looking for advice
Hey guys I am an amateur real estate investor. I currently own one property multifamily property and am looking for advice on an idea I have.I have been living in Boston( 5 minute drive to my job) 3 yrs paying this cr...
Mike Hoover
Entity structure for multiple properties
Hey BP,Currently a partner 50/50 and I have a dozen properties under one LLC. Buying another 30+ units (7 seperate properties all in PA) and I’m going to split them up into 3 additional LLCs but wanted to add an addi...
Kevin Toland
Can I figure my home warranty as part of my Cap Ex?
Hello all, I have a quick question about the Cap Ex and having a home warranty; are you not preparing for some of the same things by having a home warranty as you would be by setting aside said amount for Capex? I hav...
Andres Murillo
CA AB 968 (disclosure mandates on flippers): Who's Really Bearing the Impact?
As many of you know, Assembly Bill 968 will take effect on July 1, 2024, mandating flippers of residential properties to disclose recent repairs and renovations if they sell within 18 months of acquisition. While the ...
Account Closed
Question about Appraisal double dip
I recently had an offer accepted on a single family property in the Pennsylvania area. It took a little while for my lender to find a appraiser to go out to property. They said it was due to the COVID pandemic When ...
Mike Conner
Investor wants to trade properties - seeking advice
I own a duplex that was built in 1989 and has had 2 stable long term tenants with no interest in selling. An investor who is buying the duplex next to mine wants to trade a duplex he owns in a neighborhood nearby so h...
Charlie Loomis
From Master Metered to Indivdual
Looking for any advice out there on switching my MHP from Master Metered water and gas to individually metered. My park is in Oklahoma, and I am wanting to start with metering the water individually any advice about ...
Chris Farinella
Trouble Grasping This Concept:
“More valuable homes are likely to cash flow less, if at all, than lower value homes”I hear this repeated a lot and haven’t yet heard or found the explanation. I assumed that more valuable homes would simply have much...