
20 December 2024 | 3 replies
Through preferred rates and quarterly cash flow, I strive to create multiple revenue streams for my investors.

17 December 2024 | 11 replies
@Guillaume Vidallet As a Florida resident buying properties in multiple states, it’s generally best to form your LLC in the state where the property is located.

19 December 2024 | 14 replies
They were only bank I could find that would open multiple checking accounts under one EIN.

19 December 2024 | 12 replies
As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years.

19 December 2024 | 13 replies
The other reason tax bills get stalled in Congress is that most bills combine multiple unrelated measures, usually serving various special interests.

21 December 2024 | 10 replies
Typically lenders divide up credit scores in multiple buckets with 780+ getting the best rate for some lenders while others it's 720, 740 or 760 gets the best rate pricing.

17 December 2024 | 2 replies
Mainstream homeowner policies won't cover sober living because they don't account for the risk of multiple people recovering in the same home

18 December 2024 | 7 replies
Hey Rae, Not on here often but jumped on to see your post that I think i can bring value to from a Lenders perspective.

18 December 2024 | 5 replies
EXAMPLE: a local HC has a single comcast email address for their entire office - mysteriously, they seem to be always losing emails and asking us to resend multiple times.The good news is they finally increased their max rental amounts a few years ago, so they are now more competitive.

16 December 2024 | 5 replies
Overall, I've closed on multiple properties with them before and had no issues.