
14 March 2024 | 13 replies
You may have to go FHA or put 20% down though.Obviously, get 2-4 USA credit cards and use them at least once every 3 months to start building credit here.You can also try to piggyback on someone else's credit history, by having them add you to their credit account.

11 March 2024 | 14 replies
Here is my situation:I open an LLC for each of my investment properties and for each LLC I need a bank account.I do not want to go down the route of using a traditional bank and open a new bank account with say Wells Fargo unless I have to.I have tried baseline banking which allows you to open one "account" and have multiple accounts within that (one for each LLC).

14 March 2024 | 26 replies
You're probably looking at Zillow rent estimates, which aren't granular enough to take into account Property Class - which is EXTREMELY important in the City of Detroit.Good chance you are also looking at S8 rentals.

14 March 2024 | 16 replies
Hi Rob, our website is www.sesemirealty.com she's still getting her most recent jobs up (and her BP account!)

12 March 2024 | 10 replies
Upon analyzing the figures, with the prospect of a 1031 exchange involving the three California rentals to acquire five duplexes, along with additional cash investment, I could potentially generate $13,000 in monthly cash flow within five years (factoring in paying off the mortgages on the five duplexes).

13 March 2024 | 9 replies
As mentioned, get an attorney involved.

15 March 2024 | 117 replies
Account Closed, if the owner died before the tax sale, then the tax sale is void.

14 March 2024 | 12 replies
Seek for homes where property management may be optimized or where renovations and enhancements might raise rental income.Long-Term View: Although cash flow could be difficult initially, take into account Silicon Valley real estate's potential for long-term value.
13 March 2024 | 3 replies
Use the cash flow to first build up some reserves to account for CapEx/Vacancy then start using it to pay down your debt.

13 March 2024 | 13 replies
Hey @John Cook, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.