I keep hearing different views and opinions from re investors around me. Some recommend that I put my properties under LLCs (one for each) and others claim that an umbrella insurance would suffice.I currently have an...
Hi everyone,
I am a multifamily property operator, and I am looking for some advice on where to park our reserve funds. Currently, we have them in a money market savings account, but I believe there are better opti...
So I have a friend that recently bought a duplex in a C/D area of town that I happen to know well. The property came at a very significant discount from a tired landlord and the majority of the deferred maintenanc...
Hello,I've always been aware that you can structure deals multiple ways, and submit multiple offers to the seller, but it has never completely clicked for me. Could someone give me a real world example of what this l...
I am in the process of acquiring my first rental property, looking for a multi-family home (2-3 units). I talked with my loan officer and she could only approve me for a loan based off my salary even though my total c...
Does anyone know of a how to guide or blue print for setting up a Wyoming LLC with a registered agent? Corporation to manage the LLC etc?
Talked to an attorney today and he wanted 14k for 4 LLC's and 2 Trust.
Thank...
I believe these are the standard contracts and forms needed in a wholesale deal. Can someone please confirm this and also send me a sample or post a link to each?
Offer Contract (inspection contingency clause)
Assig...
Hi! I would love some input on Cap Ex for the new-but-have-a-couple-of-properties-under-their-belt investor. Currently we have two properties/6 units. We are putting into a savings account a portion of the rents ea...
I'm looking for advice on what I should focus on for my first real estate deal. Should we go with a SFH, multi 4 or less or the 5 or more places?
Here's an example of SFH in the area I am looking:
Asking pri...
We now have exact numbers.
This property was pitched on June 6, 2020 and 10 lenders provided $20,000 each for a total of $200,000.
This house was Short-Saled on June 19, 2020 for $110,000 ( one hundred ten tho...