"Everything looks great"If you're new to being a landlord and use property managers, even out of town, I share this story to encourage you to ALWAYS do your own move out inspection.One of my PMs recently told me they ...
I have been looking at condos in the Ozarks. Specifically, Osage Beach, Mo. I am looking to invest in a waterfront condo either 1 or 2 bedrooms to use as short term rental. I am curious if the group has any feedback o...
Last year I had a fire in my 9 unit mixed use building. There were seven apts and 2 storefronts. The building is mostly gutted and we've taken the opportunity to redo the layout to make it flow better since it is a 90...
I have a few questions regarding subject to.
1. Once I have the deed, is the interest paid on the loan deductible for my LLC or is it deductible for the individual who still carries the loan in their name?
2. When...
I posted this for discussion on the investment aspects of Detroit.
I am very pro Detroit, but not ready to invest there yet--too many problems.
I think it has a ways to go before I'd be comfortable investing there.=...
So , I don't know if I have ever heard so many different stories as I have regarding Due on Sale Clauses, changing title to an LLC or Land Trusts. I can not believe how many people I have spoken to and how many artic...
We are considering offering seller financing on some of our rehabs, as the market cools. How could we structure a note that is attractive to sell quickly and for the least amount of discount and little seasoning? What...
Hi there!
I’ve started an LLC to buy my first residential investment property. I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan b...
Kind of a big deal, no? Anyone care to share their thoughts on this? Start of major blood letting or just a blip before stabilization and the bull run continues? And let's say there is a sizable correction over the...
Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...