Kenneth C.
Where do I go from here? (Looking for a little guidance)
14 September 2017 | 10 replies
What about calling for rent properties and asking if the owner is willing to consider an offer to sell?
Cynthia Miller
Do you use LLC's for your rentals? pros and cons?
24 October 2018 | 15 replies
While this can be a good strategy, I don't think you need to even consider an LLC or series LLC until you have multiple (4+ properties).
Stephen Wiater
LLC for Owner Occupied Duplex/ Triplex ??
23 October 2018 | 1 reply
Depending on the equity that you have in the property, you may consider an LLC as an asset protection tool.
Jeremiah Dagel
VA Loan vs other loans
5 November 2018 | 8 replies
If you want to build a portfolio....consider an FHA Loan FIRST.
Tyler L.
90-100% LTV for flips in Massachusetts?
14 November 2018 | 6 replies
@Tyler Lee You might consider an FHA 203K. 96.5% LTV.
Kole Kingslien
Best way to pay yourself from an LLC for small contractor
14 November 2018 | 14 replies
Keep things simple, do not create any payroll for him and focus on making more money.Now, if he makes $75k net, which is after expenses - then he needs to consider an S-corporation and W2 payroll for himself.Bookkeeping is simple, really: record everything he spends for business in any form that is simple for him: old-fashioned notepad, Excel or Google Sheets if he knows how to use them or apps like Expensify or TaxBot.
Eric Jones
Personal Funds into Rental Account
4 October 2018 | 5 replies
We will consider an LLC as we scale.
Account Closed
Stock Market Stinks (Down -800 points Today) - Real Estate Great
25 October 2018 | 193 replies
I know I do not consider an RE investment unless I project over 20% Short-term return on investment and typically achieve far greater (about half my RE purchases are on the infinite ROI).
Davey Davanoski
How do you pay yourself, when investing in real estate?
16 October 2018 | 3 replies
@Davey DavanoskiYou don't really pay yourself.Flips are different, the profits go towards your income.Rental properties generate passive income, but if you're looking to retire from a day job it's not usually possible for the average person owning 1 or 2 properties.As an example let's say you have a target goal of $300 positive cash flow to consider an investment.
James Letchford
Rent to Own Situation? Need some help.
7 November 2018 | 12 replies
If I can put a place on the market, rent it quickly at market rents, then I don't consider an option like this.