Vinod Sirimalle
Need advice on an SFR in Orlando deal
12 January 2016 | 7 replies
A lot of people are drawn to investing here for the same reasons you and your husband are, the allure of a vacation spot combined with a savvy investment.Housing is still relatively affordable and rents rose nearly 8% last year and continue to do so.
Rochelle Wilkinson
former handyman filing a workers comp claim question HELP
8 November 2015 | 13 replies
I also recommend EPLI (employment practices insurance) because it is very cheap relative to your exposure as an employer. 3.
Ed B.
Best way to structure a sale with only $5k down from buyer?
15 November 2016 | 10 replies
I want something certainIf people know up front they're going to lose their earnest money and they have twelve-months to get on the job of getting financingHave a mortgage broker prequalify the buyer before they move in increases the chances of them getting the mortgageYou can get more money by doing lease purchase as a seller without the risk of dealing with owner financing and getting an attorney to forecloseI think if your buyers agents would work with self-employed people that have large down payments meaning more than 3% for FHA and help them build a credit rating, they would have a good portion of their business doing well; they may even be able to get the commission upfront and wait for the lease purchase to finishAs sellers we all want top price and net the most amount of money, and It generally costs 10% to sell with real estate commissions, closing costs, and sellers' concessionsIf you help somebody buy the property, you can net more money using lease purchase
Bryan Patterson
Some financing advice
8 November 2015 | 7 replies
I'm employed now for 8yrs and I just started my paint business.
Scott Schaeffer
Getting started - Form a Inc vs LLC ?
10 November 2015 | 9 replies
One way will be wages, subject to self employment tax.
Gigi Michaels
Advice on Currently Held Properties
9 November 2015 | 3 replies
Both homes are in areas with stable employment for high income earners.
Manoj N.
One tenant wants to moveout
10 November 2015 | 15 replies
Employ a process for removing the outgoing tenant from the lease and charge a reasonable fee for this administrative work.
Michael Jiang
Flip under personal name or a business entity?
9 November 2015 | 4 replies
However, from tax perspective, it seems to me flipping houses under an llc or s corp pays more tax due to self-employment tax.
Ping W.
potential tenant with high income and many collections
11 November 2015 | 19 replies
If you research his "employer" I bet he is the owner.
Alice K.
Parents managing & living in a unit & taxes
10 November 2015 | 0 replies
I could write out some document employing them for free rent but not sure how that might work atm.Thoughts: Putting them on the loan may be silly because I have better credit I believe.