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So I came across a home today that I am interested in buying. The seller is more interested in a quick "traditional" purchase then he is in talking about other financing options. But the experience raised a question i...
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Hi everyone,I'm months away from purchasing my first property, and am already planning the purchase of my second, third, fourth ...I'm looking for a local meet up where I can begin networking with like-minded investor...
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I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...
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Hello everyone,
I began my real estate investment journey in 2016 while pursuing dual degrees—an MBA and a Master's in Computer Science.
My initial focus was on flipping, holding, and selling residential single-fam...
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Hi everyone. My name is Adam Kiger . I am a new investor in Central Ohio with 3 doors under my belt . I am looking to connect with like minded individuals who can help me with deal flow and adding more doors to my po...
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What are yall using for your expected maintenance cost of a Mobile Home? Its my understanding through my reading/research that 35% is the typical number. However, I don't think I've seen it broken down as to what is i...
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Hi every one! Hope you all are doing well! Health wealth and happiness!I have a question, but let me fill you in first..- I owned a home with 2 lots. - I lived there for 3 years.- I sold my home on 1 lot and kept the ...
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Two Part Questions:
1) For those using rewards credit cards(business card) in the name of their LLC, have you opened them up for each LLC, or have you opened just one for a parent(management) LLC ?
2) When opening t...
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There are 3 partners purchasing a 2 family house. If the house is 200k how is the debt to income reflected with each individual partner? I was told by a broker who I’m not familiar with that the full mortgage amount i...
Hi all - Doing a little research for my firm. I had a quick question:
Where will banks see a strain on capacity in the mortgage lending process?
For example -
Originations - Underwriting- Income analysis: With ind...