When calculating DSCR, we know that the formula is NOI / Debt Service. My question focuses on NOI, specifically rent. In DSCR calculations, has anyone ever "straight-lined" revenue?Projecting revenue is easy. For e...
Hello. I need to open an LLC (Corp2Corp contact is coming), but I'm not sure in what state to do it. Currently I am located in TX but in 6 months I will relocate to WA.
What option is better:
1) Open LLC in WA ($200...
I am wanting to do a cash-out/refi on a property CRA is auditing my 2022 taxes, bank won't initiate an application if taxes show owing. I have sent everything back to CRA and expect full amount owing to be reversed. B...
So I Just listed to Postcast #272 and I learned the 1% Rule of thumb "If a property rents for 1% or close to what you pay for it more than likely has positive cash flow" Your thoughts ?
Recent list I'd thought I'd share from the National Association of Realtors by way of Vacasa. Their analysis showed beachside communities offered the highest ROI. There are a definitely a few locations I've considered...
I recently left my travel industry of one year and am currently a nanny making more money (roughly $800-$1000) a week however this is cash so it is non-taxable income. I also work part time as a server for extra money...
Hello,We had some land that we purchased earlier this year and went through the platting process with the county to subdivide. We sold a few parcels off already in a traditional fashion but I have one that has me scr...
About to deep my toe into the market, however I would like to seek a little wisdom from persons whose recently invested in the Orlando area in regards to short term vs long term rental.
Hi,I am registering a new LLC in MA to manage my real estate investments. There is a section that isn't clear to me:"Register with the Massachusetts Department of Revenue. State law requires your LLC to register with...
My brother and sister in law are Spanish and I was talking to them about investing in rental properties. He is an architect and she is a lawyer. She processes several foreclosures a month and he would be perfect at ...