Shayan Sameer
Fix/Flip or Rental
2 January 2025 | 2 replies
Every loan and bank will have its associated fees and cost as its the price to do business but if you see more leverage in tapping into existing equity that could very well be the case.
Timothy Franklin
STR sub-to/ portfolio
1 January 2025 | 26 replies
I am always fully transparent and the owner in that situation is a long standing business associate that knows my character, experiences and background, strengths and weaknesses included.
Marquez Cadet
Repair Costs Using Home Warranties
30 December 2024 | 3 replies
For residential multifamily properties (1 - 4 units), can you use a home warranty to take care of the repair costs associated with rentals?
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
You can surely hire a PM for one property, as long as you feel like the costs associated with it align with your bottom line, and cash flow objectives.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
Establishing a separate entity, such as an LLC, for your rental property business could provide more flexibility in claiming deductions associated with business-related assets like vehicles.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
I would still use quickbooks to track the finances in that account snd all rental associated finances (we use it to track are personal finances also). by the way it is worth the cost of paying someone good with quickbooks to do the initial setup.
Chris Seveney
Transferring Properties out of LLC Question
27 December 2024 | 3 replies
That would result in both a transfer of cash and associated journal entries.If my LLC doesn't have a bank account and I've been tracking its assets in my accounting ledgers only, moving money for the sake of moving money would seem strange (and suspicious).
Llamier Guzman
Newbie Here (Duplex/Sfh)
10 January 2025 | 23 replies
Ask them a lot of questions about their loan programs and the costs associated.2.
Michael Bengtson
Potential New Investor in the Jacksonville FL area
28 December 2024 | 12 replies
I know building a reliable local network will be key, so I'm hoping to connect with experienced real estate team in the area.The military presence in Jacksonville catches my eye, and I'm particularly interested in properties that might appeal to military personnel and the associated contractors.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
Most only accept offers with no contingencies so if you're newer it's not the best investment due to the higher risk associated.