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Hi all,I have been an aspiring RE investor for many years, but more recently decided to act on my desire to free myself from the corporate 9-5 that was taking its toll. Fortunately, I've got a loving wife with a good ...
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Hello everyone,I want to hear your thoughts on me getting preapproved for a mortgage. I will be talking to a credit union this week to hopefully get preapproved for enough to buy this duplex I am looking at. I want to...
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The past two years have been a bit of a struggle for commercial and multi-family property owners when it comes to vacancies, late payments and new regulations. One of the main strategies that I implemented in my own r...
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Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...
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Hey guys! I'm a 20 year old investor here in Nashville and I'm looking to get the ball rolling. Do you guys have any advice for a rookie like me in this market? I've saved up a sizable amount of cash, but I doubt I ca...
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Why would an investor want to sell their multi units? Either something is wrong with the house or they don't like being landlords anymore...
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Haven't found any google searches talking about building a rental house. I'm wanting to use the LLC checkbook to purchase the lot and then have a contractor build the house. Is that possible? Any headaches?
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Greetings all, I am excited to say I have roughly 90% completed with the rehab of my first deal! (Waiting on flooring) Now that I have pulled the trigger I am ready to continue going. However, the issue I have found i...
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I'm looking to buy my first real estate property. I received a Fees Worksheet from my broker. I want to do my due diligence regarding the fees on the fee worksheet.Do this fees look legit to you?:Pay To: Broker- Under...
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Hello, I got some great responses on my previous post on how to start as a 20yr old real estate agent (please feel free to reply on that post if you have any tips or advice). One of the many important tips was buildin...