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I've stumbled upon a duplex (FSBO) and a quad. I'm not able to find a good spreadsheet and wonder if what I analyze for SFR will suffice for multiple family units. 1st time multi for me.I looked at the quad exterior ...
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Hey Everyone,I've run into a couple customers that have purchased homes with pools intending to rent them out with little to no idea on what it costs or how to budget for them. Hence this post. My family has been in t...
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We have a four complex investment and Have been told it’s best to put it into an LLC but in California it’s taxes/cost are Outrageous our main focus for that was to protect it from lawsuits ...are there any other ways...
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I'm considering making the jump into my first investment property (buy-hold traditional rental). I plan to set up an LLC.How difficult will it be for an LLC to obtain a 30-year fixed mortgage (20% down payment)? Will ...
Hi,Can anyone guide me to LEGAL Rental Application for the state of Texas (Round Rock Area). I want to make sure that I abide by the law when it comes to sharing the rental application with potential applicants. Parti...
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Hi all. My business partner and I are new to RE investing and are in the process of gathering as much information as we can. One of the things we were told was that we should start off as either a LLC or S-corp (o...
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Hi All,A few questions here.1. Have anyone self-originated a promissory note (pledging their properties as first lien with a mortgage note) before? What I mean is, instead of finding banks, FHA, commercial loans or Ha...
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So, I finally decided to start an LLC. After much debate and discussion, I decided to use my local attorney to do it. I checked with a tax advisor and they said all the start up costs are tax deductible, which makes...
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Hello everyone,Here is my situation:I bought my house about three years ago. After living in it for almost a year I was able to build a nice chunk of equity so I decided to take a Home Equity Line of Credit. After bei...
Me and my girlfriend are trying to decide whether to rent or buy a house in the spring of next year, she will be 18 and I'll be 20. Our combined income is about 40,000. We will have a car payment of 250$ a month and n...