I am currently looking into a 8-unit apartment building. It was built in 2011. The asking price is $600k. It was built as "condos" so there is potential to purchase it as 8 separate mortgages and have a lower interest...
Hello all,Hoping for feedback from investors who have made the decision, or are contemplating the decision, to move from the acquisition phase to paying off all debt. At which point in your career did you make this d...
I can't find answer anywhere. If a hurricane makes property un inhabitable, does LL have to pay for tenant to stay in a hotel? I thought that's what renters insurance was for. I was told LL has to pay
Hello,
I have a 2 storey house where rooms are rented to different tenants, in shared bathroom on 2nd floor, there was toilet overflow issue which caused water leak in downstairs bedroom. I gave work to Water damage...
Anyone had luck with 203k loans in SF? The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property ...
We recently set up a LLC, but do not have any properties within it yet. We own two single-family homes and are buying a triplex (conventional mortgage with 20% down) in a few weeks. Do we have to deed the homes in the...
Hi - I have been reading posts about multi-family syndication. I wonder how the syndication works. Are investors LPs and the syndication guy/company as the GP? I assume these syndication deal are all-cash deals? No f...
This question is mainly for people who own rental properties and have dealt with very good tenants and very bad tenants. From past experiences, what are some obvious signs to spot out a bad tenant? What are signs to s...
"A Trust name is not party to a contract, it is not a legal person as a corporation is. The Trustee is the proper signatory. "Well this properties deed is under "Spratling Living Trust". There are three co-owners with...
I have a bleeding heart and at least I know it. I had a lady give me an application and fee and in the process, she mentioned how she had already paid an app fee somewhere else and didn't get the apartment. Talk about...