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31 January 2025 | 6 replies
Quote from @Leonard La Rocca III: So is it common to find a conventional loan without meeting the lender in-person?
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31 January 2025 | 7 replies
@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.
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6 February 2025 | 1 reply
You might get transferred a couple times until you reach the right person.
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29 January 2025 | 6 replies
My personal goal is to build a rental protfolio, but I'm open to anything.Thanks in advance.
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2 February 2025 | 7 replies
An LLC shields personal assets from business liabilities, while S-Corp taxation allows you to reduce self-employment taxes by taking a reasonable salary and distributing remaining profits as distributions, which aren’t subject to payroll taxes.
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7 February 2025 | 17 replies
To clarify, in MN a person must be a licensed to perform at-charge Property Management services, for others, on a standard commerce basis.
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4 February 2025 | 22 replies
Can confirm Joseph is a real person
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1 February 2025 | 17 replies
@Grant Shipman Great stuff, I'm a big fan of co-living/rent by room strategy, and I do it here locally in Denver metro, and it is the best strategy in today's market for any house hacker to live for free or make money while living there, but they have to sacrifice personal space.
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7 February 2025 | 8 replies
Some regional cities that I personally would consider are Savannah, Beaufort, Wilmington, Columbia, Greenville, and Charlotte.
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26 January 2025 | 54 replies
Personally that is what I wanted, an active mentor.