
27 March 2024 | 5 replies
Here is my situation:I open an LLC for each of my investment properties and for each LLC I need a bank account.I do not want to go down the route of using a traditional bank and open a new bank account with say Wells Fargo unless I have to.I have tried baseline banking which allows you to open one "account" and have multiple accounts within that (one for each LLC).

27 March 2024 | 12 replies
You can do this using a kind of recession proofing 1031 exchange - Sell properties that have profit and depreciation worth protecting.

26 March 2024 | 5 replies
I was considering selling a property using a land contract or contract for deed.

28 March 2024 | 35 replies
This is just one advantage to using a list, which would allow you to target homeowners of a certain income, a certain length of residence, etc.PostcardMania is different from any other printer in that we are actually a full-service marketing company that happens to print postcards (and a lot of them — 4 million per week!).

27 March 2024 | 22 replies
Not to mention I got to write off over $175k from my income taxes using a cost-segregation study.

26 March 2024 | 9 replies
Since I will be using a VA loan again, I'll need to stay in the new home for one year.My current home will only rent for about $3500 a month so I'll be losing several hundred dollars a month due to the mortgage being higher.

28 March 2024 | 16 replies
I must be missing somethingThe other thing that comes to mind when reading your passionate posts is that over 12 years I've helped over 11,000 clients with their financial lives with several of those years solely focusing on helping clients who invest in real estate and I have yet to meet someone who built their wealth using a policy like you describe.

26 March 2024 | 4 replies
Betson,You are probably better off using a DSCR program to take the cash out at 75% LTV.

26 March 2024 | 14 replies
May be something for you to think about and double check whether or not it's the same in your area.The upside to this is that your returns can be great using a rent by the room strategy as long as you are prepared for the specific needs of the market.

26 March 2024 | 15 replies
You can also consider selling and using a deferred sales trust which will defer the capital gains tax and depreciation recapture.