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31 January 2025 | 22 replies
I personally haven't done this but I have helped clients do it in the past.Hit me up if you're interested!
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30 December 2024 | 6 replies
If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.
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26 January 2025 | 15 replies
Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.
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24 January 2025 | 8 replies
Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.
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24 January 2025 | 16 replies
@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.
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10 February 2025 | 9 replies
Sometimes you will have that next person/family lined up and ready to go, but sometimes it takes much longer and you need do renovations or at least some repairs.
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10 February 2025 | 8 replies
The person in the response above who got crushed by a $5000 repair never did have $100-200/mo. cashflow.
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29 January 2025 | 7 replies
If you need more to do the rehab, perhaps instead of partnering, you could get your former boss to do a personal loan.
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5 January 2025 | 7 replies
Hey everyone, what tools/method do you use for estimating the cost of maintenance and repairs of a multi-family home (2-4 units) ?