I heard from my dad that back 15 years ago when he was an active investor managing a rental business, he was allowed to take unlimited tax deductions...is this true?
Now, I know that you can ...
The adage about who you surround yourself with is accurate. The five people you spend the most time with will influence you. But as a new investor, sometimes this advice leads you to only have cheerleaders in your lif...
Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...
Hi,Probably a pretty basic insurance question but I need some help figuring out how to structure liability insurance for my rentals. I have four rentals properties in NC and they are all under one LLC right now. Curre...
Me, my dad, and brother formed an LLC earlier this year specifically for real estate investing. We are closing on a home EOY and need insurance. I'm running into the issue that insurance companies don't like to quote ...
Hello,I was recently told about bigger pockets and it is great so far. I have been investing in real estate for the last 10 years but have just heard about the BRRRR strategy.It sounds intriguing. I have the cash and ...
Hi all! Newbie question here. Once I've secured a hard money loan and used it to buy/rehab a home, how do I present my current situation to a traditional lender when acquiring a conventional loan on the property? Do I...
Alright I never thought this would be the hard part of real estate investing.
I have 2 properties that are owned outright by my LLC. Properties are in the 165K and 170K area so not looking for a micro-loan or anythin...
Hello all!
I just started my LLC and are looking for advice on financing. How difficult is it to obtain the Capital needed for a single family under my LLC? how much of a down payment? Can you get pre approved?
I kn...
Hey guys and gals. I’ve been in real estate for exactly 1 year and have flipped 2 properties so far with one more about to go on the market.I am currently renting and own no homestead. I have a 4-plex in central next ...