
21 January 2025 | 7 replies
If someone injures themselves and sues, they will be suing the LLC and not you personally.

25 January 2025 | 4 replies
All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.

23 January 2025 | 11 replies
Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

15 January 2025 | 9 replies
And people think Ai is going to replace accountants.one can argue that apartments.com is just a processing the payment and not actually holding the funds to transfer out.If apartments.com all of a sudden reverses the payment for insufficient funds?

31 January 2025 | 12 replies
You can’t use the property personally for more than 14 days or 10% of days rented, whichever is more.

10 January 2025 | 21 replies
We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front.

22 January 2025 | 4 replies
Lots of loan options can close in an LLC, helocs usually need to close in your personal name.

6 January 2025 | 2 replies
Some private lenders will step in and fund.

24 January 2025 | 36 replies
I have a 780 credit score and no debt besides my personal residence.

12 January 2025 | 6 replies
Both properties have a substantial amount of equity that’s essentially sitting idle.Would it be a good idea to tap into this equity (through a HELOC, cash-out refinance, etc.) to fund future fix-and-flip projects or purchase additional rental properties?