Dave McCulley
Newbie getting started: HELOC vs Home Equity Loan
I am in San Antonio, TX getting ready to jump into the real estate investment property arena and after reading The Book on Rental Property Investing and reading some forums I think my best way to enter is through home...
Sarah Buchanan
Prospective tenants with new jobs / commission / independent contractor
I own and manage several SFR and have some interested tenants (roommate situation) who meet my screening criteria (good credit, income 3x rent, great references), but none of them have solid work contracts. One makes...
Scott R.
DANG!?
I just got a notified by my realtor that the seller of a property I was buying is back out, for no specific reason.. credit was acceptable, down payment was what they asked, 20%, terms were countered and i accepted ev...
Christopher Murphy
Small Business Checking Accounts?
Hi All. In the future, I expect to create an LLC for Real Estate. I am just starting out in the game educating myself and looking for a househack in Dallas-Fort Worth. HOWEVER, I just made an LLC for my baseball coach...
Byron Bailey
Leveraging Equity in a Paid Off Rental Property
What is the best way, or what are the ways, to pull equity out of a rental property that has already been paid off to purchase more properties?
Alfredo Alfaro
Personal Name or LLC Purchases
Should you starting out purchase properties under your LLC name or your personal name when purchasing multifamily? For this posts purposes lets say 3 or more units.Would it be better to purchase under your personal na...
Rufus Peoples
Raising Capital for LIHTC Development
My partner and I are preparing to close on 4 acres of land. We plan on building 4 quadruplexes with our primary target being section 8 tenants. We recently learned about LIHTC and have been looking more into it. My o...
Alexander Timberlake
Property taxes overpaid by previous owner; there is a current overage; can I collect?
I purchased a rental property in Nov of 2021 from Auction.com. I just noticed on HCAD that there is a tax overage on my account (overpaid taxes). It appears that the property taxes in 2020 were overpaid by almost $20k...
Sean Thompson
Llc flow through question
Hello . I'm just getting started. Currently have one property. I'm wondering how to best maximize taxes while staying legal. --
I know that businesses don't get taxed on their expenses, only the profits. From that sta...
Dragana Miljkovic
Prospective tenant carries high business debt
I'm about to be a landlord for the first time. A prospective residential tenant who is extremely eager to rent from me has a credit score in the mid 500s, due to almost 100K in debt on five credit cards, having just o...