
17 October 2024 | 12 replies
Yes, I've closed on 4, rehabbed them, and they are all rented with tenants in place :)OK, and for these deals, I assume you use your own funds to acquire and rehab.With private money, you're now substituting some individual's funds for your own.However, unlike when it was just your money, you'll need to proceed with extreme caution to make certain your lenders are well protected if/when things don't go as planned.Private lending is its own whole profession.

16 October 2024 | 7 replies
You came to the right platform with many individuals like yourself!

16 October 2024 | 2 replies
... as I own my RE portfolio via my single member LLC is there a process that I can setup wherein the event of my death that LLC passes to my designated individual along with the assets owned by my LLC?

16 October 2024 | 7 replies
Thanks for your revert, @Nicolas Coulter - Apparently we do not prefer going the HELOC route and were hoping if there are other options out there?

16 October 2024 | 1 reply
For the kitchen, we have already selected the wood floor color and we preferably want to keep the countertop.

18 October 2024 | 8 replies
In your case, with a history of passing audits and having a CPA who is experienced in IRS representation, you're in a strong position should an audit occur.Regarding audit statistics, the IRS generally audits fewer than 0.5% of individual returns, with even lower rates for those earning under $1 million annually.

16 October 2024 | 0 replies
Conventional loan with a down payment from my individual income.

17 October 2024 | 6 replies
I hate texting (prefer phone calls) and struggle with the marketing task.

14 October 2024 | 19 replies
Im a very busy individual but I find it logical and necessary to make time to see something I have hundreds of thousands of dollars in.

18 October 2024 | 5 replies
However, ultimately, the decision to keep or sell the property depends on your personal preferences and financial goals.Reasons to keep the fourplex:Established cash flow: You mentioned the property will cash flow around $675/month now and $1000/month when paid off in 7 years.