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My dad has $250k in cash and was planning on building a forever home.He came across the idea to instead take out a loan to build his house and buy rental properties with cash which will end up paying for the loan with...
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Forgive me is what I am asking is obvious or stupid. I followed what my mentor told me to do, to a T. I set up and LLC with my wife and my name on it. Got a commercial loan in the name of the LLC and purchased a pr...
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We're looking into buying a 60+ unit complex where their current marketing is for prospective tenants to pay about half a month's rent with no deposit to get them moved in. I've been a property manager/investor for 1...
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I live in California, Los Angeles county. My tenant who rents a room with bathroom in my house broke shower handle and was not able to close the water. She tried to contact me over the phone, however, exactly on that ...
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This is my first major repair request as a new landlady. I received this question from my property manager: "We sent someone out and it can not be repaired. I am sorry to have to tell you this news. Do we have your ap...
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Hey fellas,
I went to see a duplex today near the very desired to live area of downtown today. This is potentially my first investment.
I wanted to buy it as house hack it. I run the numbers on it and they seem ok i...
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I have an old Milwaukee house built in 1929. A such, the house was
built with the old clay drain tiles and palmer valve system. There is
seepage into the basement during seasonal downpours. A drain tile test
w...
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Hi everyone, I've been very hesitant for my first post, but here goes. I'm a retired contractor with 30 years experience and want to get into real estate investing/house flipping. When I say I'm hesitant, it's because...
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Hi all,
Long story short, I went under contract more than a year ago on a condo (new construction) in Denver at just under 400k, and just finally got my appraisal today at 445k.
Unfortunately, I was not able to loc...
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Hi, I’m in the Tampa Bay Area and I’m looking to purchase another property. I was looking to do a HELOC on my primary residence to fund my purchase. I need some advice is this a good strategy or should I rent my hous...