Forrest Brown
Hold and Rent OR Sell and Invest Out of State
3 May 2024 | 25 replies
I personally haven't heard the best things about CA tenant laws.
Mischa Turner
Am I Rushing Into a Purchase??
30 April 2024 | 8 replies
DM me if interested in getting a personalized game plan.
Jerry Daily
1031 on an LLC and transferring to own name
3 May 2024 | 3 replies
You're the only member and the activity of the property is reported on your personal tax return.
Sharon R.
Virtual Closing comfortable and safe?
2 May 2024 | 6 replies
I also prefer closing in person but it's getting rare.
Sean McDonnell
NC Judge rules in favor of STRs
1 May 2024 | 7 replies
As expected, the judge has issued a stay on the case pending future action by the City.
Byron Paille
Own 2 homes free and clear wanting to scale.
2 May 2024 | 12 replies
Hey Byron,So the advantage of doing Refi compared to a HELOC is that the heloc is personally backed to some degree while a DSCR refi is backed by the (hopefully) cash-flowing asset.
Olu Efunwoye
New to MF investment, coach wants 50/50 profit split. Should I do it?
3 May 2024 | 11 replies
@Olu Efunwoye I personally wouldn't pay for this, $40k for a coach?
Bette Hochberger
Understanding Real Estate Taxes: Key Points to Know
2 May 2024 | 5 replies
As I've been learning, there are the key taxes to understand when investing into a new area or state:- State business income tax (if you have an LLC)- State personal income tax (if they want to tax you too, even as an out-of-state investor)- City personal or business income taxes- Any registration fees due the city/state- City/state property taxesAnd I'm sure more!
Sarah Ali
Scared, Nervous and unsure how to start given tricky financial situation
1 May 2024 | 1 reply
I had no idea how to take an action on this, and the property eventually sold.
Dean Bergstrom
DSCR, HELOC or traditional loan?
3 May 2024 | 12 replies
You can close in an LLC if that's a concern, and many times the debt isn't reported to personal credit.