Zachary Taylor
Do you separate your expense reserves from your cash flow?
Hello everyone,I'm wondering how people handle their expense reserves and cash flow. Do you keep it in the same account? Do you separate the two? Do you put the expense reserves in a checking and cash flow into a sav...
Paul Kit
self directed IRA invest in LLC
Do I have to prepare extra money in my self directed Roth IRA for maintenance/repair/tax/insurance if I invest SDIRA into LLC ?or once I establish LLC then I can use my personal fund to take care all that?
Jim Stevenson
Need help analyzing a potential BRRRR deal
I'm looking at a SFR in northeast PA that is listed for 18k but I can probably get it down to 15k. It's in pretty good shape and would require about 10k to get it rent ready. I can get a Lending Club loan for 30k at 6...
Rakesh Battula
Potential Investment - Medical Office Building on LoopNet
Hey everyone,
I'm looking for some insights from the community on a potential commercial property investment I found on LoopNet. It's a medical office building located in Prosper, TX and here's a breakdown of the key...
Steve Slomski
Growing pains
I currently own 4 single family homes all with Mortgages of varying durations. My total equity is 50% in these houses. Even with this large equity I find it difficult to overcome expenses. My experience over 5 year...
Kenneth Hypolite
What should be my next step?
I just bought my first property (condo) in Laurel, Md and the CashFlow is good. The mortgage is around 800 a month and I already have a tenant that pays me 1275 a month for rent. My question is what should be my next ...
Eddie Bridgett Jr
Can an LLC can be used for w2 earnings
I want to start an llc but don't have a business set up yet. I was thinking about funding the llc with my wages from my w2 job.
TaRa Mehta
Tenant withholding rent due to minor maintenance issue
Hello all,I've a tenant who has been paying her rent late each month (along with the late fee). This month, however, she has not paid the rent so far.Here is the sequence of events that happened.1. Issue #1 - a rat en...
Linda Reid
Landlord issues ,How do I confront him ?
If it's not in my lease should I have to pay for unexpected expenses?Like paying to clean out septic tank because it was full and over flowed into my house and it took my landlord a month to get someone out to do it.h...
Tony Duong
Paying taxes on the profits from a flip project...
I’m curious how others approach paying taxes after selling a flip project...1. Do you pay your taxes to the IRS immediately after acquiring the check from closing? Or, do you put enough aside and pay at the end of the...