Marcus ONG
Beginner non residence investor
Dear fellow investors
I am new to the US market.
I am looking for long term investment in good locations that can be rented easily. I have researched extensively at Trulia, Zilliow and Realtor.com before chancing o...
Tel Cyg
Looking for a DSCR loan provider
Hi all,
This is my first post! I am a first time home buyer looking to purchase an out of state investment property through a newly formed LLC (I am based in NYC, looking to buy in Ohio). I am specifically looking ...
John Kelly
LLC at homestead house hack
Hey everyone,
House hacker here looking for some legal direction with taxes.
I live in one of two small multi family properties that I own. I get a veterans tax exemption on my homestead. I would like to group bot...
Irene G.
I have a property in CT but live in CA, where should I open the LLC?
I've already closed on the house and currently have an LLC in CT but have not moved the property over to the LLC yet because I wasn't sure if it makes better tax sense to move it under an LLC where I live (CA) or an L...
Teonia Riley
Funding Process Questions
Hi everyone! Just looking for clarification on this concept.
If I were to use the First time homebuyer program to help with purchasing purposes and then get a hard money lender for renovations to attempt BRRRR strat...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
Todd Krzeminski
Buy and Hold Newbie Accountability Group
Hey everyone!I’ve been a lurker on BP for several months and decided it’s time to get serious. I’m a 39 year old software engineer from Northern Virginia. I’m new to investing, although my wife and I had a rental cond...
Jason Hill
Personal to Rental tax implications
My wife and I are about to buy a house in another state to be our primary residence. I'll be moving there immediately however; my wife has to finish her graduate degree and will be moving down in May. That works out...
Jon Rausch
LLC for Rental Unit within Primary Residence?
Hi all. First post, and looking forward to giving back to the community once I acquire more knowledge myself.We rent out 25% of our primary residence to a long-term tenant. I am wondering if it's 1) possible and 2) ...
Jamie O'Brien
Turnkey Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $40,000
Cash invested: $68,785
Sale price: $89,900
This is our first Turnkey Flip in Birmingham! We fully updat...