Hello All, New Member With A Question,I'm hoping to tap the collective wisdom about our situation. We (myself and spouse) are relatively new to landlording, say between 1-2 years (5+ years if you include renting to f...
Hello- I've been looking for courses to take on wholesaling after reading many books, watching different investors YouTube channels, listening to podcasts, etc. before I take the leap of putting together my first deal...
First of all, i want to thank everybody in advance. I am grateful to find this forum because my family has been in extreme stress over the past few weeks.
Background is that we relocated from Houston 1.5 years ago to...
Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...
I am looking for some advice on how to best structure this STR agreement. My friend and I would like to purchase a vacation home, and it is already a successful STR so we would like to keep that up to offset the expen...
I was told by my mortgage broker that in order for a property to qualify for an FHA loan, 85% of the gross market rent for all units in a 2/3/4-plex must be more than the PITI, otherwise they won't approve the loan. ...
I recently purchased a building with pre-existing tenants on section 8 living in one of the units. They did not have a lease so they signed a new one when I purchased the building. They had recently moved into this un...
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
Hey guys,
I have come across a couple lists of high net worth people who have been lenders on private mortgages in the local county and I am considering sending them a letter seeking REI loans. I have read all the p...