I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...
HI All,My name is Jesse and I recently quit my 9-5 to invest in real estate full time. I've worked in real estate for the past 6 years for a large property management company with over 5000+ units in downtown Chicago...
Hi guys! I am a new college grad who has been working now for close to half a year in a corporate finance job. I plan on only working at the company for a couple of years and entering a different industry. Down the ro...
If I close on a MF that has one section 8 tenant (whose lease expires at the end of April) and do not renew the lease, does that automatically mean I am agreeing to take on Section 8 going forward? The MF that I a...
Hi Folks,
Two questions:
Can someone recommend a good site for a detailed foreclosure listing? I scan Zillow all the time, but I would like to have a more refined search and more pictures. I understand I will pay for...
Hello BP- First off this site is awesome!! The information is invaluable.I bought my first multifamily a 1.5 months ago and it has been some experience. It was purchased for a buy and hold. The property is a 4BR 2Bath...
Have any of you participated in Peter Conti's mentoring program? He wrote"Buying Real Estate Without Cash or Credit" with David Finkel and most recently "Making Big Money Investing in Foreclosures."
I'm a newbie, bel...
I have been looking at Indianapolis, Indiana quite a bit to be my market as a strictly out-of-state investor. However, I realize I need to study markets to decide if they are appropriate for my future goals.Now, for m...
Hey all, I am a new landlord of a duplex, since October 2014. My downstairs tenant has stopped paying rent this month. Rent is due on the 1st, and there was no grace period in the lease. The lease was drawn up by the ...
I was recently told that for a solo 401K distribution , it was required that you sent 20% withholding to the IRS by the 15th of the following month . I am over 59 and a half .This seems odd to me since in a regula...