My goal here it to have a step by step reference guide for myself and other beginners.I’ll start from the beginning as far how I think step by steps should go for investing in rental property with a conventional loan...
I just bought my first house/investment property. It’s a single family home and I have about $20,000 in renovations before I sell or rent out. My question is with it being my primary residence is there any way I can w...
Hi all. I'm buying a 20 unit motel that will be converted to extended stay and expect guests to stay month to month, and beyond. I'm trying to keep costs low while providing value and so I'm doing some shopping arou...
I am looking to purchase a Baskin Robbins in Southern California Los Angeles county. I know this might be off topic but I was wondering if anybody has experience in this niche?? Please advise with any insight. Thank you!
Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...
I recently moved to CA, where I registered my first LLC, last December. I just found out recently that I have to pay LLC tax of $800.00. I have not even used it for anything. What Should I do?. I have not made any mon...
I currently have 19 doors, a nine unit, six unit, and a four unit. I have a business insurance policy through Nationwide. Each building ,I have about 1,000,000+ in coverage ,which seems kind of excessive. But the...
Hello everyone, I'm starting my real estate journey, and my question is. Is it cost efficient and productive to be your own agent or have a real estate agent in investing in properties?
As I surf the wealth of these forums and learn the tidbits of information one thing remains the same "I Need a mentor", "Help I Need a Mentor", "Mentor needed in the NY area", etc, etc, etc....Another thing remains co...
New Investor here, in contract on my first rental property.
If I do not have any revenue related to the property in this fiscal year, can I still take all the legal deductions? Do I have to wait until I can show rev...