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5 February 2025 | 13 replies
For financing, would we then want to get a DSCR loan under the LLC or should we start with conventional loans under our name until we hit a certain number and then move them over?
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24 February 2025 | 8 replies
@Lexi Blocksom suggest you discuss in detail with @Russell BrazilYou've made a mistake thousands of naive investors have made - expecting Class A results from Class C & D properties:( In general, you'd want to compare what you can sell the property for now versus what it would cost to update it and what you could then sell it for.
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11 February 2025 | 19 replies
Since then New Western has became the fastest growing real estate wholesaler in the country.
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19 February 2025 | 2 replies
If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.
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17 February 2025 | 6 replies
I always tell investors that if you're single/young, you should definitely house hack once a year and then rent them out and keep rinse and repeating every year.
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13 February 2025 | 7 replies
Especially if your son could then try to sell his primwry with the ADU under the sec 121 tax exemption I wonder if he could sell you the land?
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11 February 2025 | 12 replies
It's always better to check with your brother's CPA since he has all the background, but I would say short-term rental with material participation requirements met by your brother, then do cost segregation.
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11 February 2025 | 6 replies
Quote from @David Kendall Jr: These are all goals that you will set, then you need to back into those goals by numbers (KPIs).
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6 February 2025 | 11 replies
If this was a case of identity theft then she will eventually get it sorted out and removed from her credit report.
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20 February 2025 | 13 replies
From there you will be asked a series of 3-5 questions and then you'll be matched with 2-4 pros in your area.