All Forum Posts by: Ryan Devine

Most of this I see relevant to any house buying scenario. I purchased my first single family home 3 years ago. I can see where simple items like roof and AC are must know, but more specific items tailored to houses that are not going to be owner occupied. The basement I am lucky I can avoid all together as the house is in Florida.

Will definitely need to look into rental license and inspection date. No house would I ever purchase without a thorough inspection.

Thanks for the tips!

I am looking at purchasing my first rental unit, more specifically a duplex or triplex. What types of questions should i be looking to ask? Basically all I understand is that I want to make sure I stick to the 2% rule. But what other things should I be asking before buying? Rental occupany %?

Thanks for the advice. I have a couple attorney friends that I can chat with.

I currently live in a house that I own. Over the past couple years I have been renovating it myself. At this point I am content with all the work done and now want to turn it into a rental. Also at this time I have a good friend who I have been talking with for years about getting into a place together. We are looking to get a multi family home in Florida.

What is the best partnership to get into to purchase multiple homes together, LLC? I want to protect what I have already but want to be in a relationship where we can split values. I have only known about an LLC, are there any better options out there?