Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate) AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.
Chris Kay
How to Form First Core Four (BRRRR Team)
30 December 2024 | 20 replies
I'm not quite sure how to go about finding one but I guess start asking around and see what names come up.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 79 replies
You seem to not want to take it as intended (to educate) and I am not sure it that is name calling or whatever it is.I do wish you would take the time this week to do the effort to properly estimate your maintenance/cap ex for a sustained hold.
Michael Nguyen
Due on sales clause...Has anyone experienced this?
31 December 2024 | 2 replies
Most people will get the loan in their name first, and then transfer it into the LLC after.
Kaushik R.
Home equity and landlord insurance
3 January 2025 | 10 replies
I can buy landlord insurance without coverage on roof (wind/named storm peril) but is it worth the premium?
Aaron Dyson
My Second Property: Investing in a New-Build Home with a VA Loan in Bryan, Texas
19 December 2024 | 6 replies
Congrats on closing soon and what sounds like a sweet deal.
Luis Salas
Seeking mentor-ready to volunteer my time
29 December 2024 | 2 replies
Hi everyone,My name is Luis, and I’m starting real estate school on January 2nd.
Mel Kirchhoff
STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies
I'm not sure that I would recommend switching them in and out of your name.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
this is a nice thought and catchy name (GATOR) LOL.. " The man in the new suit is getting rich on your dreams " Stevie Winwood Taffic low spark of the high heel boys.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.