Alexandra Joy
When a tenant asks for unnecessary repairs
16 May 2024 | 2 replies
She is also my neighbor so I have been bringing her organic produce from my vegetable garden (she loves that) and even helped dog sit her dogs for free.
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
20 May 2024 | 88 replies
Directly to your distribution question: you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.4.
Ismael Ayala Jr.
Im a new member.
16 May 2024 | 8 replies
I have a good income producing job, however, I have a 6 member household with teens, preteens, and children who are eating up my house like Pacman, lol.
Ismael Ayala Jr.
DSCR loan uses
16 May 2024 | 3 replies
However, I'm looking at creative ways to produce cash flow with little to no cash down.
James Brown
Propstream good to use?
16 May 2024 | 7 replies
Hopefully it will produce some good leads.
Chris Mason
Texas 7% Cap Rate Apt Building Refi Terms Review & Survey - May 2024
16 May 2024 | 1 reply
I love that the rate is fixed for 10 years, but the PPP is only 3 - best of both worlds, if you are that Texan: if rates go up, you're protected for a decade, but if rates go down you can refi penalty-free after only 3 years.Credit Union - This is a Washington State credit union, coming in strong with that 30 year amortization producing a lower payment.
Rich Davis
Cash Flow vs. Appreciation???
16 May 2024 | 7 replies
Usually, the exit, whether it's a refi or sale, should produce more gain than the cash flow.
Jorge Martínez
Should I remove tax deductibles (property tax, insurance etc) For cash flow?
17 May 2024 | 11 replies
There are definitely paths in RE that can produce incredible returns.
Curtis Cecil
BRRRR or buy multiple at one time???
15 May 2024 | 8 replies
It's true to factor in vacancies if more than one go vacant but it would be the same with brrrr since after you get more than property on a loan same issue.My goal is to replace my W2 income so I need more properties that produce cash flow.
John Michael Roberson
Passive Income Tax Status for New Construction?
15 May 2024 | 3 replies
There is no guarantee whatsoever that this project will produce profit.