Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
At this stage, the main thing we need is for me to get back into the workforce and get some money coming in, in order to achieve that dream.With that in mind, my immediate goal is to gain employment in the field of property management, as opposed to wasting my time working in another field that is not associated with real estate.
Jimmy Rojas
How to show proof of income with 1099 form
6 January 2025 | 4 replies
Make sure you talk to a Banker or Loan officer that is well versed in both SE (Self Employed) income and also Non/QM programs.One tip I will give you as a Banker is open up a "Business Checking account" and for the next 12 months pay "Everything" out of that account.
Hellen Sut
Collecting unpaid rents after eviction
4 January 2025 | 9 replies
The garnishment has to be filled in county clerks office and the paperwork is served to the ex-tenant place of employment.
Joey Backs
US Citizen Non-Resident Financing
4 January 2025 | 9 replies
As a US citizen I have an SSN, file taxes every year on my foreign employment income, hold US-domiciled assets (stocks, IRA, 401k), and I have a ~15 year credit history with a decently high score.
Sathya Priya Sampathkumar
How do you decide on the location for rental investment with good cash flow?
6 January 2025 | 8 replies
When choosing a location for your first rental, it’s great that you’re considering factors like crime rate, population growth, employment rate, and price-to-rent ratio—those are all key metrics.
Desiree Board
Sole proprietor, LLC or Corporation?
15 January 2025 | 2 replies
For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.
Pawan Gupta
Has anyone worked with Mynd.co?
14 January 2025 | 2 replies
The worst PM imitation I ever had the misfortune of employing
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
14 January 2025 | 4 replies
Employment Growth Outpacing Housing SupplyBuffalo leads the nation in the ratio of new jobs to new homes permitted.
Jonathan Worrell
Mentoring and Advice
13 January 2025 | 3 replies
That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.
Ephraim Francis
Rookie house hacker
17 January 2025 | 4 replies
I've been self-employed for only 6 months, and loans are proving difficult to come by despite my great credit (not to brag, I'm moreso frustrated and seeking help).