David Ferguson
Starting a LLC for rental properties, Virginia
16 April 2024 | 8 replies
As the other poster mentioned - make sure you set it up properlyIf you are looking for financing you will pay higher jnterest and higher down payment having it in a LLCMy recommendation to people is for their first few properties it may be worth putting in your own name and have an umbrella insurance policyIt depends on what assets you have.
Kyle S.
Lifestyles Unlimited Multifamily Investing
16 April 2024 | 0 replies
I'd like to solicit reviews from people who are/have been passive investors with them, especially post-Covid.
Robert Vardaro
Looking for my 1st Property for a Fix & Flip In New England
17 April 2024 | 4 replies
@River Sava I have looked at Somerville and really like the opportunity there but it's more expensive than I think the other people investing with me would be willing to participate in for a 1st flip.
Gaurav A.
LP In Syndication | losses from Syndication & W2 income
17 April 2024 | 17 replies
I get frustrated because most people a) don't stick with this and try to learn it... trust me its easier than first year college physics... but it will take you a few times to get it and after networking with real people doing this or b) they say its seems risky and listen to their lazy/ignorant CPA who by the way has been stuck in they same occupation for 20-30 years... why would you want to take financial advice from someone who is not financially free.
Carlos Ptriawan
Interest Free 401k loan to purchase house
16 April 2024 | 2 replies
This is not question but to tell people there's way to finance yourself.
Melody T.
Advice for Entity formation (Reside in CA, investing out of state)
17 April 2024 | 16 replies
This is what a lot of people do.
Darian Moss
Co-Host and Partnerships
16 April 2024 | 2 replies
This is a great place to learn and to connect with people so take advantage of all the great resources.
Joseph Hammel
Funding a solo 401k from rental income.
17 April 2024 | 13 replies
There are third-party admin people that can help you set up and administer your solo 401k for a relatively inexpensive fee it's about $300 a year I currently use one company to do the same for my self-directed Roth IRA.I'm looking to go with the 401 option because I can do a 100% contribution up to $20,500 now.that's just a little over my net in one month on my rentals.
Danielle Thomas
Help! Tenant Suspicious Activity and Pays Partially
16 April 2024 | 18 replies
She pays rent on Zelle through multiple other peoples names, and so I am getting partial payments (though she hasn’t paid the total amount) which I think means I can not evict her.
Danny Schellinger
Newbie Investor looking for 2nd Property
16 April 2024 | 11 replies
Without trying to sound like a dating website, I’d love to connect with like minded people on their thoughts and views of the industry and different markets - either in Chicago or elsewhere.