Hey guys so i have a question. Coming up on buying a 51 Unit apartment Complex. 8.23% Cap Rate bringing in 328K after all expenses. I have 2 lenders that will fund. One will do 80% LTC and the other is a Gap Funder th...
Just a quick query of the syndication sponsors out there. 2019 will be the first tax year that I have participated as an LP in a syndication(3 properties, 2 separate deals). When do you typically have the K-1 sent out...
Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that tr...
HI There,I know it's been covered a few times, but I wanted to start a new thread as it's kinda unique.I'm shopping a property in Aurora, CO zoned R1. The entire area is zoned R1. It was converted some time ago to sep...
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...
I've been putting one smoke detector in the hallway and one in the kitchen in my rentals. I know this varies by locality, but the electrician told me the code also requires one per bedroom. This seems like overkill to...
Hi all,We own a home in the San Diego area and have been renting it for 4 years. First we had renters for two years with teenagers that totally trashed our house. It was a horrible experience. It took me 4 months of f...
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to mainta...
Ive talked to some hard money lenders and there number seems to be around 18% which approximately breaks down into about 4 points and 12-14 % rates.
The thing that I disliked the most about talking with them...
Ive found a house that Im interested in buying, however its priced inexpensively because it needs foundation work (thus the title of my discussion). Ive called around everywhere that I know of and cant find any fou...