Kris B.
Business structure in texas
18 March 2024 | 3 replies
Are aware of any software solutions/service provider for managing C-corp operations like payroll processing, book keeping etc ?
Michael Nelson
What do hard money lenders need to see in terms of the deal?
19 March 2024 | 19 replies
right now its more looking like a solid 30% down providing 100% of construction upto 65% ARV .
Scott Levin
Owner Financing, Tax minimization / Installment Sale and Recommendations for Services
18 March 2024 | 3 replies
I am assuming since I would act as the bank - I would have to provide yearly interest tax statements for the buyer.Thanks,Scott
Jacqueline Diez
I'm relocating to Homestead and need advice on whether to purchase or rent a home.
18 March 2024 | 3 replies
She is an expert here in South Florida and will be able to provide you with sound advice.
Ranier Moore
Requesting advice for my next move
18 March 2024 | 3 replies
After thinking on it a bit more, I am going to look into the feasibility of a rent by room strategy to increase the cash flow and speak with some lenders to learn more details about what I'd need to provide to be able to consider these rents in my DTI calculation when I am qualifying for the next mortgage.
Whitney Lares
St. Louis BRRRR?
19 March 2024 | 24 replies
@Whitney Lares I kept my first BRRRRs as LTRs, I know MTR and STR have higher income potential but my goal is time and income, LTRs provide me that and the management of these in STL are much lower monthly % so it works for me.
Jose Botello
Duplex for sale with one side occupied
18 March 2024 | 5 replies
If everything aligns, moving forward with a duplex can be a smart move, providing both a place to live and a source of rental income.
Kevin Grinstead
Any good, kind property managers in Cleveland?
18 March 2024 | 10 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Jesse Grim
Hard money lender or refinance
18 March 2024 | 7 replies
Here are some considerations:Pros of Using a Hard Money Lender:Speed: Compared to standard lenders, hard money lenders can provide quicker approval and financing processes, which lets you take advantage of time-sensitive possibilities.Flexibility: It may be simpler to obtain financing if HMLs are more accommodating when it comes to credit history and property condition standards.Access to Funds: You may take advantage of more investment opportunities by having quicker access to the equity in your property.Experience: For first-time investors in particular, certain hard money lenders offer invaluable experience and advice that can be helpful in navigating the fix and flip process.Cons of Using a Hard Money Lender:Greater Costs: Hard money loans might have interest rates and other costs that are greater than those associated with standard financing sources, which raises the project's total cost.Term Length: HMLs normally provide loan durations that are shorter, usually lasting between six months and a few years.
Brendan M.
What are the tax implications of paying myself to property manage?
19 March 2024 | 22 replies
Is there a way to do this legally that would provide a tax benefit?