Right now in my area, there are several properties on the MLS that would be great rental properties, but they are simply priced too high to make them viable. They either have unrealistic owners or realtors who do not ...
Good morning I completed my first 1031 exchange in 2019 however I am no being told by the CPA we incurred a mortgage boot due to not purchasing a property of similar sales price.
Property sold $1,200,000
Payoff $70...
Hi Everyone,
We are in the process of purchasing 1 acre of land for $300K in the area and are considering building a cabin. I would appreciate any advice on whether it's a good idea to invest in land on a slope and t...
My buddy and I would like to buy a duplex and our question is, could we each get a personal loan for 30k, let it sit in our accounts for 30 days and then use the combined funds to purchase said property out right? Pro...
Hello everyone! I would like your thoughts on something that I have been thinking about recentlyI have purchased a duplex that I will be occupying. My plan is to update both units, rent and refinance to purchase anoth...
Hey all,I recently closed on a 3 unit property which I am going to house hack which brings my portfolio to a total of 5 doors (including the one im living in) and am curious if it would be wise to have an LLC for each...
Hello,
I currently have two rental properties that are both under my personal name. I did open an LLC, and my plan is to roll both of the properties under the LLC. Where do I even begin, and what is the benefit of d...
Good morning,I am currently working a 9-5 in property management and am wanting a way out. I am 22 and have been working in property management for close to 2 years now. I look at the people above me and what they hav...
Hello,
I'm looking to purchase my first rental. I have 220K to do it. Of course I could purchase a flipper with this cash and start from there. However, I'm not sure this is the best strategy to eventually be able t...