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Hi,I recently heard that investors may not want to take too many deductions because that will affect their DTI and the ability to get loans. Can someone explain this in greater detail? Thank you!!
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Hello everyone. So I want to get more organized to streamline communications and the application process of acquiring a bank loan. I have heard the discussion before on the podcast about getting a binder together wi...
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So I purchase value add small multifamily and convert them to STR/MTR.My plan was to purchase them, repair the units, furnish all or most units, MTR/STR the units, cash flow like crazy, and then sell when I'm ready to...
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Generally through not only research but also live forums such as BiggerPockets I've noticed that everyone seems to agree that the first few years of real estate investing typically do not produce much cash flow, and t...
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The Internal Revenue Service announced tax relief for Southern California taxpayers in the Presidential Disaster Area struck by severe wildfires beginning on Oct. 21, 2007.
The disaster area consists of the followin...
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For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...
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What is the main difference between having your LLC taxed as a Corporation or an S Corp ?
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Has anyone out there created a fund for Notes that could give some advice?
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Looking into ground up development for single story climate control self storage facilities in my market and looking for some general guidance on design & cost rule of thumbs - any help would be greatly appreciate...
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to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...