Arthur Sullivan
how to find a good PCA
23 August 2017 | 0 replies
I am trying to find someone before the tax season is among us. what is a normal rate for services, is it a once a yrs ordeal or monthly like an accountant. please help if you can I appreciate all, thanks Art.
Steven Tawresey
LLC buying property with personal HELOC
4 July 2020 | 4 replies
Do I need to do a monthly distribution to my personal account and then pay off the HELOC?
Account Closed
So I'm a new guy. Entrepreneur going into RE investing.
7 October 2017 | 7 replies
Hello Account Closed, glad to have you here!
Daniel A.
Seeking Advice: Houston Rental Investment
23 August 2017 | 1 reply
The location (schools, restaurants, crime, etc) is decent but nothing too promising in terms of appreciation (3% annual average) Here are the details: Purchase price: $170,000Rental Estimate per month: $1500HOA: $1000/yrInsurance: $1100/yrTax rate: ~3.4%I assumed the following:I use a 20% downpayment on a 30 year fixed conventional loan w/ 4% APRNew build so warranty is covering most things so minor, if any, maintenance will be neededTake into account 1 month of vacancy per yearTake into account annual broker fee to list of one months rent~5K closing costs~2k in appliance purchasesResult: Assuming rent range of $1500-$1550/month and assuming 1 year I wont have to pay the broker fee to list:From my cash flow analysis I am projecting to have positive cash flow of around .02%-2.1% per year.
Robert Lindsley
Summary of landlord-tenant code in CT
1 September 2017 | 6 replies
I looked online and can't find any sort of summary form.
Jane Dang
New Members from Bay Area
26 August 2017 | 21 replies
Lots of tech going into the Plano area.Regarding taxes, there a ton of resources online to get good info.
Oleg Shalumov
Documentation for HML
29 August 2017 | 8 replies
I'm not 100% sure re: the email/online version (we've been neglecting our NJ content and have been focused on other states)... but if you call the Treasury tomorrow, they'll let you know.
Shara Surabi
lender that allows the property to be transferred to LLC
30 August 2017 | 9 replies
Also for an LLC to apply for a financing, does the lender take into account both (or all) partners credit worthiness or is there/could there be a primary?
Boyd Evans
My first deal! No realtor. What do I do now?
30 August 2017 | 11 replies
Remember to also take into account the sale date when looking at comps.