
29 October 2024 | 24 replies
I will also set aside cap ex, vacancy, maintenance from the cash flow every month.7.

28 October 2024 | 6 replies
We got money order, then we set up Zelle.

27 October 2024 | 1 reply
What set up costs are there and what's a typical price range for them?

30 October 2024 | 18 replies
The company has a points-based system, where members receive a certain amount annually, and they can then bank those points for up to a year and use them to reserve time at various resorts around the world.I have been dragooned into assisting them with defraying timeshare costs by trying to figure out how to rent out the unused points so that they don't go to waste, before I dive into this myself, I wanted to find out if anyone else has experience with vacation rentals with this set-up.

28 October 2024 | 12 replies
If you move forward, make sure the LLC is properly set up and operating as a business—especially when it comes to collecting rent and paying the mortgage.Lastly, about taxes—transferring ownership won’t necessarily keep the income off your personal return if you're a single-member LLC, as it's considered a disregarded entity.

28 October 2024 | 6 replies
The investor's theory behind his suggestion was to use the 500k loan to wipe all debt and only pay on the new loan, I'm not sure if this would be advantageous financially due to my current debts monthly payments set at: LTR = 1900MTR = 1500HELOC= 550Vehicle = 850Total = 4800 monthly At current loan rates for 500k, and a 800+ credit score be a lower monthly than the $4800?

29 October 2024 | 6 replies
If you set up a "checkbook LLC" for your SDIRA, then I believe (check first with your custodian and/or attorney) that you would be able to invest directly as the manager of your LLC (using the LLC's account), without going through your custodian.On the other hand, that ability to quickly invest can be a double edged sword, since I think the delay can be a good thing (it forces me to think more carefully about the syndication and take the time to make sure it's a good investment for my SDIRA).

30 October 2024 | 18 replies
I set a goal last night to buy another house within a year.

31 October 2024 | 18 replies
Managing that many personalities in one space can be difficult.I also recommend you set aside money as if you were paying rent.

28 October 2024 | 10 replies
If you are renting the property long term, Id like to know how you would set aside money for repairs to the house and pay for a lawyer if you had to evict a tenant.