I am working towards being a new landlord and am wondering if I need to have a lawyer. I have never hired a lawyer before and don't even know what questions to ask them or what a typical client/lawyer relationship is....
I have purchased a number of REOs at very good prices (no appraisal was ever needed because they were all cash deals). I have rehabbed them and rented them out. How can I get a fairly accurate value on each? Is it ...
Hi All! I'm looking for some advice on valuing and negotiating a purchase of a 9 unit motel in South Florida. My father and I are speaking with a seller on purchasing a 9 unit building. We've just found out that the s...
I put an offer on my first investment property, a duplex, and it was accepted. I'm using an FHA 203k renovation loan. I now have 15 days to do an inspection. This duplex is rented out currently with the stipulations t...
Hi everyone - first post here!I'm currently debating on whether or not my fiancee and I should rent for the next couple of years or house hack in Staten Island, NY. Here's our situation:- She is in a residency program...
what is the difference between and option contract and a standard purchase contract? which is better to use for short sales?
Hey everyone! I have been trying to find some guidance on how to structure a wholesale deal in Oregon. I live in a small town so it's been a challenge to find people to work with that have even heard of wholesaleing, ...
How much do you figure your insurance policy should cost you as a percentage of the rent collected on that property per month?
These are 2 properties I purchased recently. Tell me what you think.
#1 Single Family, 25k, 6k down, 30yr owner financed note
Piti- 328
Rents- 650
Maintenance 100/mo
Water 30/mo
Trash inc. in tax
Tenants pay utility...
I have an LLC and I'm wondering what all I can do with it. I'm not interested in the liability part, more interested in commercial lines of credit and having business credit cards that don't show up on my personal cre...