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Is it a bad idea to use a HELOC to pay the down payment for my first short term rental investment? And how do I factor that in the Cash on Cash return when analyzing properties? I'm still trying to learn all I can as ...
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In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
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I recently spoke to a property management firm that told me their clients don't experience any pain with financials or taxes Jan - April.
I'm curious,
Is this PM out of touch with reality OR on how rental property...
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I am trying to figure out which move is best for my investments...I have been investing in lendingclub since 2009 making good annual returns, but recently with the loosening of rules to allow more loans, i have been s...
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I've had a lot of fun analyzing properties for months now. I think I found one to buy, and would like some feedback from the many of you who are way more experienced than I. My goal:cash flow, pay down the building...
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Can I calculate this each month just once a year? Is the income based on gross or net profit?
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Hello everyone, I have an opportunity to purchase a turnkey triplex for 280,000 in arbutus md. the gross rent for the property is 2,900 a month. this falls into the 1% rule. it has two 1bedroom units and a 2bedroom un...
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Hello everyoneSo we are under contract for a quad in Columbus area and currently shopping around for Home insurance. I have a nice recommendation list of providers from my RE agent, but a lot of those do not provide c...
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Hello all,
I'm Tony Tran, a new wholesaler in the Sacramento area. I've taken the time to get pretty comfortable and understand all the processes with wholesaling. The only concern I have as of now would be the Cont...
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I'm thinking of purchasing a property in Louisville, KY, but I am an out-of-state investor. How much does it cost to create and maintain an LLC in the state, or is it more worth it to create one in my state and then ...