Andrew Rudahl
Is this a viable strategy?
A friend and I are both looking at starting a partnership. The idea is we would split a 20% down payment and then after closing, his parents would cash us out and get either 20% equity or no equity but a great guaran...
Dave B.
Multi family seller financing
Hoping I could get some quick help. I'm newer to REI and currently invested in SFR's as I've purchased 5 homes worth an avg. of 160k over the last two and a half years.
A family friend brought a deal to me for a smal...
Steve M.
Duplex Rental Fire - Likely Total Loss
Hey Guys ...
Hope all is well! I don't post as often anymore, but I still lurk and read quite a bit. Anyways, received word this morning that my Duplex Rental House had a fire last night. Later learned this aftern...
Brad Kelly
Multi family newbie, deal analyzer checklist?
What metrics should I be looking at to identify a good multi family property? Appreciate the help!
Clint Harris
We bought a KMart! Here are the numbers
Caution, long post, but worth it!
I’ve posted on here in the last few years about our journey into Short Term Rentals, and the way that it has drastically changed the velocity of our financial future. From those pos...
Nicholas LaGatta
Adair Park Historic District - What to tell Urban Design Comm.?
Hi all,I bought a 1925 duplex on Metropolitan next to "the green store." It's in the Adair Park Historic District. After a car crashed into the front of it, I decided to try to lump all exterior changes I might want...
Jason Riddle
Categorizing transactions not related to a specific property
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
John S.
Is this the proper way to run a portfolio with multiple LLC's?
Hello everyone,
I'm a single investor with no partners.
I started by placing my 1st rental property into an LLC (for this example, *JOHN SMITH PROPERTY INVESTMENT, LLC*).
I just purchased a 2nd rental property l...
Anthony Fontana
Create an LLC for first partnership? Best way to do so
I am 23 years old and am looking at buying small multi-family (<4 units) with a silent partner who is a physician by day. He is worried and wants his personal assets protected when investing (he is a high net worth...
Jeremy H.
Depreciation of property
As a rental property owner I found there is something new to deduct which is not available from a owner occupied property.. which is depreciation of the rental property.My understanding is that you get that years ove...