Hello all... I'm a bit confused on how best to My wife and I own two LLCs now taxed as S-Corps. So, I understand the purpose.However, I'm confused how when, and how, to put/transfer a title to property into the LLC.I'...
What's the best way to address an unpermitted addition when negotiating sale price?
Intention: Buy & holdHouse info:Fannie Mae Homepath DuplexBuilt: 1970Asking: 265,000ARV: 285,000Repair: 10,000 (Maybe: House is in great shape)Down payment: 20%Closing Cost: 10KIncome: 30K - 32.4KMonthly Expens...
So I am just starting out in Buffalo NY, I have done all my research but am torn. What should I start with? Flipping houses? BRrr some rentals? I can get pre approved for up to $250,000 conventional financing if neede...
Hi Folks,I am new on here and seeking valuable ideas and tips on how to rent my 4bedroom house in Houston to great tenant. I got this house in 2015 brand new. Please a step to step guild on all I need to know about t...
Hello all, excuse my question and I hope it doesn’t sound stupid. With a potential recession looming and perhaps may affect real estate, I wonder what fellow investors’ thoughts on what’s considered over leverage? Wha...
I posted this in the main real estate thread and didn't get any input. I am hoping the Chicago specific forum will help. Thank youI am considering buying a 2nd spot in the building I live(West Loop/Fulton Market Chica...
looking to buy a $2M (list price) property on west coast. It will go REO in a couple of weeks. Any strategy tips pursuing bank ? Openining bid will be around $2.2M causing it to go REO with no bids. Any ideas wher...
I have been offered to invest as LP in multifamily apartment deal.Underwriting is supposedly conservative and based on current cap rate (4.5%) and interest rate (7%) so if interest rates go down (which may as Fed has ...
Hi, just wanted to find out if anyone pays someone else to put up bandit signs and how much you pay. Thanks.