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Hello everyone. I'm working with a friend who has many years as a Real Estate investor. We are considering starting our own property management company in California. Neither of us is a licensed broker however (requir...
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Hello All! No one seems to be able to answer this questions. Let’s say you have a minimum credit score of 600 to rent a home. A couple or two friends decide to apply. In this situation, one has over the 600 credit sco...
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I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
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Before diving into long term cash flow properties, I would like to clarify the finances needed in this economy of high rates. For the first property, I will use my primary home HELOC to purchase it by cash and then re...
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Hi, so I’m using a hard money lender and I just saw on their site that if there are multiple detached buildings I have to write an offer for each…is that ok if they’re still on the same parcel? It’s all one one tax id...
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I have called several QI's and my lawyer, talked to my accountant. Each call I make gets me a different answer. My 2 member LLC is going to sell the only property we own this month. My partner does not want to rein...
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I’m looking to acquire a small investment property with a group of three people. We decided we will purchase as individuals to take advantage of more favorable rates. But if we purchase as individuals, how do we keep ...
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Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
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So I have a tenants that are moving in that are related. Specifically it’s a daughter and a mother. The daughter and mother are both on the lease but the daughter meets the income requirements alone so effectively pay...
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I just wanted to share a recent project that I've just wrapped up. This is a ~10-acre subdivision in a Dallas-Fort Worth suburb. It is complete with 18-lots, roughly 0.3-0.5 acre lots. I was the civil engineer (not...