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Good evening guys!Im fairly new to real estate as I’ve mentioned on my prior discussions. but, I’ve been learning a lot lately from BP and family/friends who owns investment properties. and I was looking at a few pro...
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It has been 10+ years since I have bought a rental property. We currently have 7 loans in our personal name. I was looking for a bank to do a cash-out refinance in our LLC. One banker asked, "why don't you put it in y...
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Hi all!
We are closing on our first duplex in Ohio 1 week from today. YIKES!!!! I have some questions regarding the existing tenant lease situation and any help from experienced investors would be greatly appreciated...
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What are the best ways to leverage your landlord property insurance policy for repairs? (Either new purchase, or longterm ownership property) For example, if roof need to be replaced or piping needs to be replaced ho...
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First off, yes everyone is ok. One of the tenants does have some third degree burns but will be fine. No other injuries so we are thankful for that. That being said.I recieved a call from my tenant Saturday morning...
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I have an LLC already, for a separate, future venture, and my wife has a DBA for her teething jewelery business under our LLC. We're about to move out of our primary residence and use it as a rental. I plan on continu...
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Ok, I don't want this to be long so here it goes. Ask was 196k, offered 174k, purchased for 179k. 3 tenants already in, one moving out, one changing apartments - downsizing. Plan - close in September, renovate the ...
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So we are trying to refinance our home and found out that we had an issue with the property and after about a month of dealing with the title insurance company we finally got the following letter:
I want to share m...
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Buying property as an investment far from where you live may seem like more trouble than its worth for many reasons. One of the most concerning factors is the question of how you can protect yourself from lawsuits ste...
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I have read a lot of books in finance and real estate since my early 20s, but one thing that has always been consistent in my readings for the past 18 years is the wealth profile of millionaires. In chart above you ca...