We've never had a policy one way or another about smoking. Just recently I have decided that I don't want to deal with the aftermath of our smoking tenants and have started insisting on non-smokers only. Easy to imple...
I’m buying a property in Cleveland suburbs. The seller is so excited to close in 5 days from me signing contracts. The title search from the title company has already been checked clear. Am I missing something ? It i...
I am just starting out in my hunt for my first property. I live in the suburbs of Portland, OR.On most properties I'm seeing, if I put 20% down, most, if not all, of these properties are negative cashflow in the amoun...
I am not very knowledgeable in the areas of LLC's nor hard money loans. I am speaking with a hard money lender for the purpose of funding a flip. He says I will need an LLC in order for them to lend to me. Is this com...
Hi, looking at doing a 1031 exchange; property being sold will net $545k; capital gain will be around $150k and I will end up with around $320k in cash. Let's say I find one replacement property for $320k that I buy ...
Hi, I have an IT business (LLC) that I use for consulting work. Now I have purchase contract for a Multifamily for which I am taking a commercial loan. Should I start out a new LLC to put the title on or use the exist...
i'm under contract for a Single family (1600 SQ FT) and it has a existing detached two car garage (800 sq ft) that i'm planning on converting into a in-law unit/rental unit. I'm think of using a 203k loan to rehab bot...
I am in currently in contract on a triplex where two of the tenants are section 8. This wasn't disclosed until I received the estoppels today. Upon reviewing the disclosures I have a a couple questions regarding the S...
I am hoping to get some advice/perspective. While holding a flexible, but full time job, how many properties can one person manage on their own before using a property management company? I currently have one duplex ...
I just received a response back from a seller that has 2 quadplexes and a triplex for sale on the same block. Unfortunately they are listed on the MLS. I sent a request for the rent rolls and the trailing financials...