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Sourcing opinions here:Tenant signs lease, gives 1 month deposit, cancels lease 3 days prior to moving in. Lease calls for 2 months liquidated damages upon cancellation. Keep deposit I currently have or be nice and re...
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Hi guys,
I'm just starting out in REI in the DFW area. I can't leverage with interest based loans, because I don't give or take interest as a Muslim. I have 2 questions:
1. How much money do I need to start my first...
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Many real estate investors don’t realize how much they can benefit from separating personal and business credit. Business credit not only shields your personal credit score but also unlocks larger funding opportunitie...
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Today, I own a small real estate company (LLC partnership). It owns 1 property, which it rents, and has one mortgage against that property, which it pays. I personally guaranteed that loan based on my assets and incom...
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Hi,
First time poster here. My husband I recently purchased our first duplex using the BRRRR method. We purchased through our LLC and paid cash. We've been talking with different banks. Do all cash out refi's in...
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Hi,I have my first property in NC that I have fixed up as a rental. I spent a lot of time selectinga tenant and thought I had everything ready to roll. Collected Oct rent, and a security deposit. Just 5 days after ...
A little while back we acquired a property that was a real fixer-upper. Well, we did a good job and now have positive cash flow. In terms of positive cash flow, what do you do for taxes? We'd like to take some out...
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Landlords, do you keep 6 months of reserves, or an entire year in cash? Whenever I have a chunk of money, I feel like it's begging to be invested. I hate letting money sit around becoming less valuable due to inflatio...
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I currently have 3 properties ( 6 doors). I currently keep all the money in and out in one bank account. I do not have an LLC.
I am going to continue to acquire properties and and wonder where to start. Should i cre...
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I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...