I am wondering how some people are making money in a deal when using other peoples money and it is NOT a flip. Usually Minimum looking at a 4-5% loan to bank(if not all cash), 6-10% on the hard money lender or seller ...
I have both single family and vacation rentals. In my state (not sure if it applies to others), landlords are not allowed to double-dip. Example: Say the tenant's lease goes through the end of the month and they pay f...
Most properties I find have BAD exterior siding, decent roofing, old fashioned kitchen cabinets, oil boilers, and etc. Should I increase my rehab cost and make the investment property more rentable and sacrifice a hig...
Hello! Are there any veterans out there that were able to purchase 600k-1million dollar multi-family units while in college?I found out that in Illinois you don’t pay property tax at a certain % disability rating and ...
Hi all,
I am an Interventional Cardiologist with a decent salary and a very stable job. I love what I do and do not plan to quit. I have a friend that I want to collaborate with for real estate residential investment...
I would like to start a LLC and was wondering do I have to transfer the property into the LLC right away or can I do it at a later time?
Hi all,First time poster but appreciate all the discussions happening here. We have a finished downstairs studio room (500 sqft or so) with a full bath in Pacifica, CA. Not sure about the permit status. Could this be ...
I just inherited a property in OC: a 60 year old house 900 SF sitting on a 7,000 SF lot. I am thinking just rent it out for about 3k monthly. I am also thinking about converted to a duplex to increase income. Would yo...
Hello!
I own and operate a full time short term rental. We added a pool to the home last year. When doing taxes it separates the assets, property & the new land improvement (pool). My question is, we would like t...