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As an investor and lender, I see that a lot of people are not familiar with DSCR loan. Its a great program, specially self-employed people, which often find it difficult to get qualified for a mortgage. So I decided t...
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My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...
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My husband and I own rental property together, we are both on the deed. My husband qualifies as a real estate professional for tax purposes. We want to use that to offset my income, as I am the higher earner (I have a...
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What reservations, if any, would you have if a property management company is the service provider for an HOA & in the HOA CC&R's the same prop mgmt company has exclusive rights to leasing a community of Multi...
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Team
I am looking to form a LLC through Legal Zoom or Incorporate.Com or some other site (LLC.COM). Which one is best? The rates are almost the same if I include Tax ID preparation and receiving, Operating Agreement, ...
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A friend of mine recently took a job that will move him from Atlanta to Charleston, SC. He has lived in a nearby neighborhood for 20 years. His home is very dated and probably one of the worst looking homes in the s...
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How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
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I'm just curious how many other active REI also invest in cryptocurrencies? And if you do, what kind?I am personally a fan of cryptocurrencies and what they are all about. I have put some money towards it, and will co...
Hi everyone,I am hoping to use this as a deal diary for our first storage shed investment. In June of this year (2019) my dad and I purchased our first self storage facility in Gainesville Georgia. We've owned a few r...
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I have two duplexes. As soon as I bought them I made improvements. I wonder, how many improvements is advised for a rental property? Do I keep it as nice as my house or do I do the minimum possible? (For example...