11 December 2015 | 22 replies
Meanwhile, they can be expensive and burdensome in proportion to their benefits, especially for a small investor ... $800/yr state franchise tax here in the People's Republic of California, and it doesn't matter if the LLC or properties are out of state, CA still wants this fee if you live there.
24 January 2016 | 3 replies
Although I see why you are curious about its effects, inflation adjusted IRRs are not generally used in a commercial real estate analysis (especially given the current low-inflation environment).
28 November 2015 | 1 reply
Could you please explain the FHA loan and the benefits of it concerning starting invested with a small amount of capital (20k)?
29 November 2015 | 5 replies
Hello REI's, Im David Pitman.Im a relatively new member and Im looking for connections in the Colorado Springs/Denver Area.I wear several "hats" in this industry.Im a contractor in Colorado but have Licenses for "Public" Insurance Adjusting in TX,KS,NE, & MO. ( I only work for property owners, NOT Insurance Companies)Commercial/Residential restoration and damage appraisals are my specialties.Im looking for connections with investors that need these services.
30 November 2015 | 4 replies
Find a mortgage banker that will give you credit using the lease agreements.You should be able to do a HELOC on your primary residence to get to 90% LTV.VA loans will let you go to 100% LTV as long as the loan is within the county limit and you have benefit available to cover the loan.
30 November 2015 | 4 replies
Below are what I know as options.1) Conventional - My dad gets the lump sum, but I don't get any benefit 2) Land Contract - My dad wins the "long game" with financing it to me, maybe he'd offer a price break.3) Living Trust or Land Trust?
28 December 2015 | 3 replies
I'm working on adjusting my mentality from handy man to business man - I did a flip in central NY as a hobby a few years ago.My primary focus is on SFR flips right now but I'm looking to add sources of passive income.I'm always up to grab a cup of coffee to get to know local investors better - feel free to hit me up on here to schedule a meeting.
29 November 2015 | 1 reply
You may want to visit with them face to face and share your desire to be a benefit to the neighborhood.
29 November 2015 | 0 replies
So those small business who is having turnover of more than 10 lakh a year can start LLP to enjoy additional benefits.
30 November 2015 | 1 reply
I really want to know about forming an LLC so that I can get the tax benefits for all the improvements I have made to this house to prepare it for renting.