Is it OK to receive cash as rent? What are the pitfalls?
Hi, my name is Sean McDuffie. I am one of those fresh out of the gate real estate investors. As of now I am focusing on wholesaling lease options and buying and selling hud homes. I live outside of Atlanta, GA with my...
Hey everybody I’m new to real estate investing, currently have two properties under my belt in 3 months.But I was wondering how soon can you refinance your home using the BRRRR strategy?Thanks in advance!
Hello,Do you know of any banks that will open bank accounts for foreigners that live outside of US? It seems like the banks require the person to physically come in to sign forms/docs. Even with a power of attorney, ...
Securing hard money loans for flips has become more and more expensive. So I'm exploring the option of involving family members as investors in my next flip, borrowing funds from them at a 10% interest rate, resulting...
This is just out of pure curiosity. What would happen if one decided not to report rental income? Let's say the tenant paid in cash each month. How would the IRS find out?This is purely hypothetical, I'm not suggestin...
I have 7 SFR's that have been rented out for several years now. Total approx. value is ~~$1.1MM. $0 debt, $0 deferred maintenance, nice homes in good areas. (FL and CA). No funny business, clean titles, no past due ob...
Hey everyone, I've been lurking here since last fall, and finally have a legitimate question I'd love to get some feedback on. I will be speaking to a CFP on Monday, but wanted to check here to see if anyone had dealt...
Hi I have a couple rentals and I want to put them in individual single member TX LLC's. Should I put myself as the owner of the LLC's or have another company own it ?
Thank you
I am both a realtor and investor. I have a buyer client who purchased a property with owner financing in order to 'win' against multiple bids. He will pay the property off in just 3 installments, the last one being a...