Recently bought my first rental property. After all expenses it should cashflow around $157 per month. My question is when do I withdraw the profit? Ideally the reserves would cover anything that came up, but you neve...
My first post!
Hello, I can't seem to get a proper answer on this topic: Is mortgage interest an expense?
Some people seem to include it, other seems to think it shouldn't be included because the mortga...
I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
...
Do you think that starting with Flipping strategy, growing money, earning more so i can invest more, and than moving to buying properties for Buy and Hold.With the money from flippin turn to buy and hold and rent for ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $15,000
Presenting a charming 4-bedroom, 1-bathroom residence situated in Toledo, Ohio, just...
I have renovated my house and flipped another successfully. I've got some experience but pretty green still. The money made on the flip paid off my wife's student loans which is awesome but now I don't have capital fo...
I own a 6 unit apartment building that generates almost 6k per month in rent. When I purchased the building I got a commercial loan and formed an LLC to place the business under. The first 3 years of ownership I oper...
As a nationwide hard money lender (Y2 Lending) that lends to real estate investors who fix and flip houses and Fund Manager for accredited private investors who we pay high yield returns to, we observe the market cond...
I would like some advice on whether to hold, sell or cash-out refi my first STR. I purchased it in June 2020 for $599K. It is on track to produce $160K in 12 months (almost there!). While I love the cash flow and woul...
This is something that should have been discussed initially between us but I'm curious how some other partnerships are structured. Our agreement is that he is the preferred equity partner and I am the sweat equity p...