25 August 2014 | 10 replies
We invested all of my income into 2 pure rentals before we were transferred again.We use our transient military career to invest in personals because they have 1) cheaper down payment 2) Lower interest ratesWe live off of one income (my husband's) using mine when it exists (it can take awhile for me to re-establish myself in a new area) into pure rentals.Because of our transient life style causing home to be "relevant" to the current set of orders.
24 August 2014 | 16 replies
We invested all of my income into 2 pure rentals before we were transferred again.We use our transient military career to invest in personals because they have 1) cheaper down payment 2) Lower interest ratesWe live off of one income (my husband's) using mine when it exists (it can take awhile for me to re-establish myself in a new area) into pure rentals.Because of our transient life style causing home to be "relevant" to the current set of orders.
25 August 2014 | 3 replies
If the LLC is treated as a sole proprietorship/disregarded entity, then the mortgage interest is claimed on your personal tax return in exactly the same way it would be if the LLC did not exist.
27 August 2014 | 4 replies
Before closing, the existing member(s) of the LLC sells the LLC for $5k (at this point, the only thing the LLC owns is the right to buy the LLC for the agreed upon price), then the LLC closes on the house for $50k.
27 August 2014 | 11 replies
Rents are through the roof and so is competition but the opportunity still exists.
14 September 2014 | 3 replies
Ideally you could create a pool to begin with (maybe even just use the existing pool of tenants) and compare against that for each new vacancy, rather than comparing against the new sample.Also...it is probably too complicated for most people to actually emulate.
2 September 2014 | 11 replies
My other suggestion would be to look into getting one of those tub/shower inserts that just goes over the existing structure but it's typically one solid piece.
24 January 2017 | 30 replies
Further, anyone who suggests that 90 or 100 percent loans don't exist, frankly, doesn't know what he or she is talking about.
28 August 2014 | 4 replies
Hi everyone, I can confirm that portals do in fact have the ability to work with anyone's existing SDIRA.