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Advice me on how to handle this issue please.My partner and I have under contract a residential property for a fix and flip. The issue that has come up is that we submitted everything under his name only and now he te...
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Hello,
May I please get some feedback ?
I am in the process of forming my LLC in order to buy and flip homes and I had a few questions and concerns.
1) If you could go back and rename your current LLC in which yo...
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The offer on our first investment property was accepted today, time to start thinking like a property manager! Its an older 3 unit property with tenants in the first two units and the third is partially remodeled/demo...
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There's lots of discussions in these forums of the pros and cons (mostly cons) of national STR/vacation rental property management companies like Evolve, Vacasa, etc. I've had good experience with a local property man...
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I had a prior CPA set up my LLC and they also made it an s-corp. New CPA is telling me to dissolve it, don't need it, costs me more than it's worth. My own research is leading me to believe I don't want an s-corp tax ...
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Hi all,Just getting started here. I recently finished reading Set For Life by @Scott Trench and wanted to get some feedback on some good approaches to take, from that perspective, for someone starting later in life w...
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I'm 22 years old with a good job in a growing field, have about $7,000 saved up for a downpayment living in coastal Florida. The average price for a 3bd/2ba 1,300sq ft house is about $160,000 from what I'm seeing in m...
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Hey everyone.
I have no experience aside from the countless articles I have read online. I'm receiving money that my grandpa had left me in a CD, and I would like to reinvest it. I'm using some of it to elimi...
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Hello All,
My name is Brett and I am finally taking the plunge to introduce myself (okay, maybe dipping my toe in would be a better analogy) to the community. I have been lurking in the background trying to s...
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I have a homeowner who owes $50,000 on her house. She and her husband can no longer make their payments. I talked through everything with her and will be going out to see their house early next week (6/5/18).My deliem...