John Galang
Money to and from an LLC (Shor-term rental investment)
11 November 2020 | 0 replies
In the future, other LLCs with properties will roll up into the WY holding company.1) In the LLC's OA, there's a line for "Capital Contribution" - which I gather is money that I, personally, put in start-up costs.
Allan Pilapil
Would you be a mentor? - Bay Area
1 December 2020 | 7 replies
By the time I had asked, the person could easily vet me based upon my digital contributions and they knew I was not there just to suck them dry over a $3 cup of coffee.
Travis Wilkes
Tenant Improvement (TI) allowance as percentage of total lease??
6 May 2021 | 7 replies
It just depends on what the LL is willing to contribute.
Essien Benjamin
Rent By The Room Property Management
20 November 2020 | 6 replies
Typical PM companies do not specialize in room rentals so maybe that's a contributing factor to higher prices (along with more management of course)... perhaps there's opportunity for a PM niche specializing in room rental properties...
Samson Hollmérus
Sam's long overdue intro.
14 November 2020 | 7 replies
We were just done with renovating our house and I wanted to know how to find investment apartments.Thanks for creating this awesome community and thanks to all who take time out of their days to help and contribute to making this the treasure trove of REI info it's become.
George Vigil
SD Check book IRA owning other LLC’s
13 November 2020 | 7 replies
Summary is that I & his retirement account have "unequal capital contributions" but split proceeds 50-50. 2) Same situation but reversed - *I* use my SOLO401K as a 50% partner, "John" uses his personal cash for down payment.
Nathan Gesner
Need advice: Using a property for charity
13 November 2020 | 3 replies
I would allow the food distribution center to use the warehouse at no charge.My question: if the warehouse has a market value of $1,000 a month and I let them occupy for free, do I get to write off $12,000 a year in charitable contributions?
Zac Boelkow
Help organizing heloc, mom loan, and brrrr strategy please
13 November 2020 | 1 reply
I am using my HELOC and Bank of Mom for both properties from one seller.Pickering Ln: SFH purchase price $125,000Watterson St: Duplex purchase price $100,000Heloc contribution is $100,000 @ 3.5% interest onlyBank of Mom is $125,000 @ 3% One question I have is how to draw up "BOM" money.
Anthony Terrones
Should I SELL or HOLD?
24 February 2021 | 9 replies
And what evidence supports the notion that over the next few months this estimate will increase?
Mark Abbate
High Offer, Countered With “Highest and Best”
28 February 2021 | 87 replies
@Jay HinrichsI really, genuinely hope that you aren’t being serious......How can the simple notion of writing a letter to add more information about yourself and why you want to buy a certain property make someone racist?