This forum has done so much for me and I felt a bit guilty this afternoon for not giving back. Scaled to 48 Mid-Term Rentals in 2 years OH, hired a property manager and maintenance person. Quitting my job next week an...
Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
I am looking for some advice on how to best structure this STR agreement. My friend and I would like to purchase a vacation home, and it is already a successful STR so we would like to keep that up to offset the expen...
Hello BPers,One of my properties in Cleveland needs to have a fence replaced. Can anybody recommend an honest person/company who could do this work? My PM says it is 40 ft. Does anybody know about how much per foot it...
Am I able to get FHA financing for my first home if I am purchasing it through my Self Directed IRA?Does anyone have experience doing this?
Good evening! I have been in a partnership on a property and things are not working out with my partner. We have a commercial loan both guaranteed it personally. Do banks ever allow modifications to remove one partne...
Can you get delayed financing on a rental with no personal income (only rental income)?Example:Have no income Buy SF or MU home cashRehab home with cashRent home with enough to cover all expenses including estimated m...
From my experience, the banks will not give low rate mortgages under an LLC. How do I protect myself for properties that I have mortgages under my name? I can see transferring the deed for cash owned properties to an...
What are the benefits of putting my rentals (2 single family, 2 condos, 1 fourplex) under an LLC instead of just at my name? Any tax advantages? Other?Now I have an umbrella insurance policy; if I have an LLC, can I j...
Has anyone hired a property manager for an owner occupied multi family? Or is it wiser for the owner to manager b/c they are onsite?