I purchased a 4-plex in November of 2020. Class C property in a neighborhood that houses a lot of voucher holders and lower-income families. I inherited three tenants that were advertised as paying and up-to-date with...
Hi everyone,
So I understand the basic concept of a subject to agreement, where the seller agrees to sign over note or deed to the buyer, and the buyer begins making payments to the existing mortgage in lieu ...
Recently, a friend and fellow real estate investor approached me with an opportunity. He wants to build 3 to 5 1,000 sqft homes in small towns that are within a 30 minute commute to a mid-size city in Texas. Through a...
Was wondering if anyone can offer advice on structuring private money loans. I am new in REI and am currently seeking out my first deal. When that first deal finally does present itself, I want to be ready and move on...
Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
Aloha BP! My wife and I have started looking at properties this past week. We haven't put in an offer yet but it seems as though we're getting closer and closer to landing that first deal. Getting the first deal under...
I have a friend selling his home in the las vegas NV / Henderson NV area who is looking for THE BEST realtor/brokerage to help him sell his home. Is there a way, other then yelp, to find out who is the best? Is there ...
QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
Im running into a problem of seeing how I could possibly make any profit margin on this property. I’m looking at a rental property to invest in, very good location, but how would I have any room to make money?Condo: 2...
I bought my first duplex in Pittsburgh last July. Tenants were already in place. Downstairs tenant was almost always late, but eventually paid the rent and late fee. I am an out-of-town landlord--my brother, who li...