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21 October 2015 | 6 replies
You tax preparer should be able to file a schedule e for you under which you can report earnings and expenses for rental property - even if it is owned in your name.3) Lastly, owning a property in an LLC is great for liability protection, however, it can prevent you from obtaining conventional mortgages, which offer the longest terms and the best rates.My 2 cents!
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19 October 2015 | 18 replies
I make a lot of offers and even with the e-signatures in software like docusign I don't want to have to "sign" every line for every offer I make and, more so, I don't want to have to check the document to make sure everything is accurate insofar as how it binds me to the offer.
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18 October 2015 | 10 replies
Step one:/Download the beginners guide to real estate investing, if you have not already acquired the e-book from Bigger Pockets.
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25 October 2015 | 3 replies
I'm not saying you can't wholesale a 1M+ deal, but your odds are significantly smaller.As far as it being different than other markets, I disagree -- the same fundamentals apply.
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21 October 2015 | 7 replies
Also get a title company to run an O&E on it as well.
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19 October 2015 | 2 replies
If your DD says it's a go - sounds like a great first place @Stanley E.!
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27 November 2015 | 19 replies
I think if you look long term the fundamentals point to more people moving here.