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22 February 2025 | 2 replies
I asked my CPA if I should check with my mortgage company before transferring the deed, but they advised that I just do the transfer through an attorney and not explicitly inform the bank.A few attorneys I consulted also had mixed responses, saying it may or may not be an issue, and that many investors do it without problems.Instead of transferring the properties directly to the LLC, would it make more sense to:1.
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13 February 2025 | 9 replies
@Clark Harbaugh, Given the favorable tax rulings over the last few years (in particular revolving around trusts and their equaling a beneficial interest in the underlining propery) the IRS has actually been much more lenient (or at least silent) on these issues.
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26 January 2025 | 51 replies
Would be interested in connecting to learn more about your experience.
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22 February 2025 | 4 replies
We feared it was too low, but we were not willing to accept anything more and left it in Gods hands.
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12 February 2025 | 1 reply
Hope that helps in some fashion!
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26 January 2025 | 5 replies
@Jacob Riddle here's some copy & paste info you hopefully find helpful!
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23 January 2025 | 23 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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19 January 2025 | 9 replies
So the goal of DSCR is now to figure out the best real estate cash flowing strategy to pair with DSCR loans as you scale your portfolio. anyone looking for help going DSCR, feel free to reach out as I build my portfolio with these and help investors scale theirs as a lender.
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15 February 2025 | 3 replies
@Derrick Roland II Let's see, traffic noise, challenges backing out of your driveway, have to keep kids in backyard and off front sidewalks, big trucks passing by will shake the whole place, can't think of anything positive.All the negatives will reduce your max rent and make it harder/longer to find tenants.What's more important is understanding if the Neighborhood is Class C or D.
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6 February 2025 | 4 replies
Hope this helps.