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13 November 2024 | 15 replies
As a self-employed 1099 individual, your best route is most likely DSCR.
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14 November 2024 | 5 replies
@Nold R.In addition to the great post from Dave, possibly consider an option where the property is taken out of the LLC sooner rather than later and held as tenants-in-common prior to the sale, possibly setting you up in a position to take your share of the proceeds and individually purchase a replacement property via 1031 exchange.
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15 November 2024 | 13 replies
Separate LLC per Property: Maximizes liability protection but adds complexity and costs with individual tax filings.3.
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17 November 2024 | 13 replies
My best advice would be to read through the contract carefully (builders usually have their own individual contract that's written for them and is leaning heavily in their favor).
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14 November 2024 | 8 replies
and connecting with local REI individuals and attending meetups to learn from experienced investors.
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15 November 2024 | 7 replies
My contractor has one credit card for all of my individually owned buildings (jointly not multiple cards) and one credit card for the building I own in a partnership.
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13 November 2024 | 8 replies
Break down your rehab into individual jobs, for example get a electrician for electrical work, a plumber to repipe the house, a dry wall guy to close out the walls, etc.
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11 November 2024 | 5 replies
Quote from @Austin Schubert: Quote from @Chris Seveney: Quote from @Austin Schubert: Would anyone have a sample template of a proposal that you've used in the past that goes over how your structure a deal with a private money individual?
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14 November 2024 | 13 replies
Unless you live in area that has many ADUs already built that have been sold with the home or as individual parcels.
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11 November 2024 | 5 replies
@Jordyn Gegg - I have a PM company that oversees all of my individual LLCs.