Charlie Loomis
Entity Structure for Flipper
7 February 2024 | 2 replies
@Charlie Loomis - S Corp is usually better, but there are some cases where an LLC can be advantageous.
Owen B.
Two tennants, only one pays
7 February 2024 | 4 replies
The big point of contingency is usually the security deposit.
Noah Davis
Conventional Loan/ Flipping
7 February 2024 | 3 replies
@Noah DavisWith conventional loans, there is a seasoning period of 6 months usually.
Jeff Murray
Short Term Rental Mesa Arizona Question
6 February 2024 | 11 replies
Hey guys Im working on a couple STR deals Im wondering how you are seeing the market and if having a pool is worth the extra expense on maintaining?
Ben Trageser
Financing into Traditional Mortgage after Seller Financing Balloon is Due
7 February 2024 | 7 replies
if you want to pull out extra equity - you could go up to a 75% ltv on a cash out refinance ..the other thing that could derail a new loan is bad credit and also possible income / employment verifications
Noah Laker
I host over 100 AirBnB Listings in CA and AZ **Ask Me Anything**
8 February 2024 | 111 replies
Amazon is usually the best place to get towels and bedding, you really can't beat the prices:quality ratio.
Quincy Mingo
Purchase 3-unit from Business Partner (Buyout and Capital Gains Tax Liability)
7 February 2024 | 0 replies
From a purchase and tax standpoint, I would operate the business expenses as usual in the name of the LLC as previously done.
Sam Yin
Why/When to take a break from investing
7 February 2024 | 5 replies
For some extra context, I feel I have focused on work/life balance, leaning a bit more on life than work, and perhaps been too lenient on my kids/wife.
Jeremy Porter
How Granite Countertops Can Elevate Your Rental Property's Appeal and Value
7 February 2024 | 9 replies
When selling/flipping, washers and dryers in West Texas are usually not provided and hardly impacts the sales price but a dishwasher will go a long way.Also although granite has its place, we tend to do quartz countertops as buyers in our markets tend to associate granite with "cheap flips".
Sino U.
Where to search for out of state for newbie.
8 February 2024 | 24 replies
Here are a few things to be aware of especially since you are going after 50k properties in unfamiliar markets:- A roof replacement usually costs between 8k-12k range whether the house is worth 50k or 850k...that can be 20%+ of the properties value.