Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
29 January 2025 | 4 replies
Quote from @Ashish Acharya: @Sanjai Dayal If your LLC owns the commercial building and leases space to your medical practice LLC, it’s essential to charge rent at fair market value (FMV) to avoid IRS scrutiny.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
It's a spacious 4br 2.5 bath with finished basement in desirable school district in a B Class neighborhood.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
My wife and I own a single-family home in a top school district.
Pat McQuillan
MFH in Woonsocket, RI
28 January 2025 | 2 replies
Hi Everyone,I’m investing in an essentially turnkey (it was a flip) MFH in Woonsocket, RI and wanted to get your take from anyone who has experience in the city.I know the city has a bit of a reputation, but it’s in the Fairmount neighborhood that tends to be quite good.
Donyea Jenkins
DSCR Loan Question
29 January 2025 | 13 replies
However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max).
Remy Piazza
Is anyone working with or has worked with Wicked Smart REI Coaching program?
20 January 2025 | 6 replies
I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.
Marlena Hawkins
Property Management Insurance
29 January 2025 | 2 replies
Errors & Omissions (E&O) insurance isn’t legally required but is essential to cover claims of professional negligence.In Maryland, the requirements are similar.
Justin Fondren
First Property Steps To Buy
19 January 2025 | 7 replies
Which essentially means you only put down 2.5% down on multi-unit.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
Go over their head to their commanding officer or the district attorney.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
From around 2018, when the golf course closed, until 2021 local residents essentially used this giant open parcel of grassy land right in the city as open space.