Jonathan Duhon
Hiring my Contracting Business to Removate Investments
I am a real estate agent and a residential contractor. To date, I have worked in both full time. In my contracting business, I have recently brought working for other people to a very manageable level so that I can sp...
Niyi Adewole
Home Warranty V.S. CapEx Fund?
Good Afternoon Everyone,I have my first property under contract and I am mid-way through the inspection period. The property costs 192,600 and is currently bringing in $2200 per month. It has 1 brand new Furnace and 2...
Rick Santasiere
One LLC or Multiple LLC's
My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason. It made sense to me that basically the tenant can only go...
Byron W.
What dog restrictions should I have?
I have a someone interested in applying for one of my units. They have a 2 month old rescue dog, Boxer "mix". I'm wondering if I should allow a dog so young into the property and if Boxers are an ok breed to have for ...
Michael Gravallese
Short Term Artibrage on New Construction Triplex
I just finished a new build. Its a Triplex consisting of (3) 2 bed 2 bath identical units, with an attached 2 car garage I plan to keep for personal use. We just put the 3 units up for rent and I have been approached ...
David New
Where to park my investment money while saving for down payment?
Where do most people save their money while they are putting it away to save up for their next down payment of a property or investment? I currently have a high interest savings account with Ally paying 1.25%. I know ...
Trevor Kolb
First time home buyer excitement
Hey all, First off, let me start by saying thank you for reading my little snippet about my first home purchase. As of today, my 1st offer was accepted on my first home after searching for what seems like forever! Tho...
Hao Liu
Title Search for Foreclosure Auctions
Almost all people stress the importance of title searches. I wonder how is it possible? In my place (Oklahoma City area), I go to 3 counties' sheriff sales. In each month I look at around 200 homes, bid on 100 of them...
Ben Callahan
Do you actually have to live in the house?
Hey all. Just curious, could someone purchase, say a triplex, using a FHA loan, rent out two of the three units, retaining the third unit for yourself, but not actually live in it? Is that acceptable from the FHA pers...
Ray Agosto
Protecting Assests
Now with Real Estate what are some great ways to protect my assets from lawsuits or even anything else?I know these eight only , are these the best to understand tho?1. Use Business Entities2. Own Insurance3. Use Reti...