4 June 2018 | 10 replies
First & foremost begin the new lease June 1 in the name of husband only - do not amend previous lease to make husband signatory.Because this is leased property anyone else entering the property not allowed by official tenant is essentially trespassing.
17 July 2019 | 27 replies
For ex if ARV of property is 700K . 95% of that = 665KAnd Lets assume you already borrowed 530K So far , then you can essentially use that 135K for next deal .
25 June 2018 | 5 replies
Essentially, want to get advice from a professional on asset protection (LLC?)
3 June 2018 | 9 replies
I know that investors typically cover those expenses on multi-families, however not sure about SFH.
3 June 2018 | 5 replies
Is it so far away from other cities you'd essentially need to build a whole new city?
25 October 2019 | 7 replies
It not only explains what each metric in a complete analysis is but also what the formulas are (for example, NOI) and how they all work together: https://www.biggerpockets.com/blogs/8814/73755-18-essential-metrics-to-a-complete-real-estate-investment-analysisReach out if I can help with anything and best of luck.
4 June 2018 | 8 replies
I typically buy houses that are in good school districts because in general good school districts have very nice neighborhoods that make the house easy to rent out.
3 June 2018 | 2 replies
I also build my own kitchen cabinets from scratch, takes about a week of part-time work for face frame kitchen cabinets for a typical kitchen.
4 June 2018 | 5 replies
There is essentially two types of investor to be included in the partnership: 1) member with very little assets to protect with a substantial amount of savings in retirement accounts, and 2) member with retirement accounts but also a substantial amount of money in a regular investment account.My questions are: 1) How does the Louisiana laws protect retirement assets and personal home in case of litigation?
27 June 2018 | 21 replies
The general contractor then communicates directly with the bank to get the draws.I was told that it's typical for the loan to be able to close within 30-45 days, so slightly longer than with conventional mortgages.