Jonathan Wiltshire
22 yo New to Real Estate
18 March 2024 | 2 replies
These experts may offer insightful information on investment prospects, real estate listings, and the neighborhood market.Serve as a Volunteer or Intern: Take into consideration serving as a volunteer or intern for a nearby property management business, real estate agency, or investment company.
Jose Vasquez Dickson
CPA Tax Sentry - Any reviews?
18 March 2024 | 15 replies
., a CPA for my business and personal taxes.
Cory Dock
Am I messing up by not having a mortgage on my rental property??
14 March 2024 | 6 replies
Head of household, standard deduction, sub 100k w2 income.
Sylvestre Maldonado
New Investor in Los Angeles
17 March 2024 | 9 replies
I look forward to meeting and growing in this business with everyone!
Shay Sechler
3 months behind tenant
18 March 2024 | 11 replies
You can decide if youre a charity or if you're a business person with an investment to protect.
Patrick Rafferty
Switching Rental Property from Personal to LLC?
19 March 2024 | 17 replies
It doesn't provide any tax advantage.One good reason to have a property in an LLC is when it is set up properly and it's maintained properly and it's treated as a business and has substantial assets in it.
William Hutch
First Time Flipping
18 March 2024 | 9 replies
The permitting in NYC is also tricky and it can take months to get a permit, along with contractors being really busy is really proving challenging.
Michael Nelson
What do hard money lenders need to see in terms of the deal?
19 March 2024 | 19 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Anthony Aldrich
Reporting payments to credit bureaus
17 March 2024 | 3 replies
The owner has an LLC that he uses because it is a business for him to sell property and finance it for individuals.
Kiefer Cheney
Need help find a tenant for my first rental property
18 March 2024 | 19 replies
I have not used an agent before, and I've heard mixed things about that.My personal strategy has been to make up small business cards or flyers and then have somebody place those in the areas where my tenants are likely to be, such as local grocery stores, laundromats, restaurants, and so on.