I've heard many people getting an LLC and using it towards their rental properties. I just had a few questions to clear up and ask like:1.) What is an LLC and how can you use it towards your properties?2.) What is the...
Hello everyone.I am brand new to real estate and I have heard about the benefits of LLCs but was wondering if they are necessary when starting out. If an LLC is unnecessary at the start, what other options are there? ...
Ok, so first I want to say I'm not counting my chickens until they hatch, however, as this deal gets closer to closing I am left wondering what I should do with the money. 50K profit on my first wholesale deal that I ...
Hello,I've come across a 3 acre mobile home park for sale, and can use help with the analysis:Current Asking Price: $145,000 for a piece of land with 35 hookups. There are currently 20 spots filled at $150/month. (20 ...
Hello,
I'm in the thick of an emotional breakup with my former fiancee. My mind is overwhelmed and my brain is trying to wrap itself around how to proceed forwardwith the insane 2021 Q4 Miami housing prices. Any ...
Hi all,My tenant has asked me about putting a utility trailer in the backyard. My property is a single family house hack with a huge backyard where these tenants live in the upstairs part of the house and I live in t...
For your LLC’s, Who do you use for your Register agents & Virtual Address’s? Any recommendations on companies that provide these services?
Bonus Question: Is there a certain amount of asset that you keep in multi...
I have a property in which the local town needs 1,300 square feet of land to widen the road. In concept I'm okay with it, but the project doesn't provide any real value to my property either. In addition to this per...
I just recently purchased a single family hoping to fetch 2k monthly. It currently does not have a washer and dryer. I was thinking of buying a pair used to give the house an added amenity to help entice renters. Is t...
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...