Wilson Lin
Reinvesting LLC profits into RE
I currently have an LLC with another partner. We generate income through web and mobile consulting services. Is there anyway to reinvest that income into real estate as that LLC? What I'd like to accomplish is to be a...
Taronda Ransom
PM Company in Georgia
Hey everyone,I will be relocating to Georgia in a few weeks and I am starting a property management business. Can anyone share where I could find leads or start networking to find people in need of property managers?A...
Michael R.
Long Term Strategies for Balloon Payments
Hi All. I am investing in a 3 family house via an LLC, non owner occupied, so I will be taking out a Commercial Mortgage. I'm putting approx. 75% down and getting a 5-5.75% loan on a 10 year term amortized over 25 yea...
Desmond Price
Rental to help offset 120K in income tax
Hey guys,Im trying to get an idea of how much a rental property could help with offsetting income taxes. Im looking for a SFH here in SoCal to rent out long term. The purchase price is 250,000 and the rental income is...
James Snedaker
Injury settlement for minor
Hello everybody,
My young son has been awarded about 150k from an injury settlement. We would like to invest his money into a rental property, instead of an annuity which I'm told is typical for this situation. Has a...
Chris Hardgrove
Moving To a New Area
Hello. I am moving to the Tampa area this summer. My plans are to learn the area, get involved with local REI, contribute, learn learn learn. Rehab and flipping sound interesting to me, since I improved my previous...
Johansen Sanchez
Make 8-10k/ month but can't quality for FHA
I work as a Dental Hygienist in NY. Have been working all through school and landed my career job a year ago. First 6 months was paid hourly, since Jan 2018 have been on straight commission pay.
Have tried multiple ...
Brian J Allen
Why I Invest in Real Estate (And Why You Might Consider It Too)
People often ask me why I choose to buy investment properties and other real estate. The answer is simple:
Labor is finite.
We can only work in the present, and once that time is gone, it’s gone for good. If you tak...
Diana B.
TFSA or RRSPs?
Any Canadians here? I invest most of my money into my corporation for buying properties, so I have a lot of TFSA and RRSP contribution room. I do contribute a little to RRSPs, but I haven't seen the point in TFSAs....
Cindy H.
Cashflow management on rental - create cont fund or reinvest?
So we bought a rental, 30 yr amortization, monthly payments. Is it worth increasing payments to 2 per month, bi-weekly, making extra principal payments to reduce the mortgage? We've allocated expenses to everything we...