Zachary Young
Where To Buy My First Rental Property
30 January 2025 | 56 replies
Everybody who invests in Southeast Mexico, including myself, knows that the typical property doesn't offer ROI upwards of 10%-15% but way less.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.
Stacie Telles
Refinance on Investment Property
30 January 2025 | 9 replies
This will typically be a DSCR loan up to 75% of the new value.
Jack Sarcia
I sell bank foreclosures...ask me anything!
30 January 2025 | 5 replies
In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.
Tina Wells
Valuing Basement Square Footage in Comps
26 January 2025 | 5 replies
Then, I typically see them take about a half to a third of that number for the adjustment factor.
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
28 January 2025 | 11 replies
You can typically change the way the entity works - may or may not make a tax difference, but you're only 6 months in so I imagine you're showing a paper loss anyways?
Michael Overall
DST or other mechanism
20 January 2025 | 3 replies
The typical DST that an informed investor would seriously consider is only available for 80-120 days.Happy to chat nuances if you’d like to DM me.
Manuel Angeles
Affordable Housing Development Capital Stack Structures
17 January 2025 | 7 replies
The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.
Lau Cor
Putting the investment in an LLC
21 January 2025 | 4 replies
Conventional loans are typically in your personal name, while investment property loans, like DSCR loans, will need to be in your LLC's name.