Joshuam R.
FL SMLLC > EIN > AS INDIVIDUAL OR CORPORATION
Hello all, will be continued full time W2 employee but also starting new LLC single member. Next hour or so will register EIN with IRS, best selection I have found during discovery is to establish it as either 8832 or...
Chris Seveney
Guy is crazy - bought 1/2 condo building
Met a friend out and one of his coworkers joined us. We ended up talking some real estate and this individual (Jeff) noted he recently bought 5 of 10 units in a condo complex. Reason he did it he said was they were al...
Karen Fredrickson
RUBBS Programs
Can anybody explain how this would work to cut expenses on all bills paid apartments? I am looking at 36 units with outlandish management and utility bills and looking at value plays for this complex.
Andrew B.
Seller's Capital Gains Tax on Sale
We're in the process of purchasing our first rental property in San Diego (2 detached units with 3 beds & 2 bath each) and close at the end of April. We just had an inspection done and went back to the seller to s...
Mike McCord
Creative Deal. Opinions Wanted
Hello,
I have an interesting opportunity, but I am having trouble determining how to creatively work this deal.
2 friends invested in a property and 1 wants to sell. To complicate things, 1 of the friends got her p...
Dave S.
Good time for seller financing?
With the mortgage rates so high (relatively speaking) if you can swing it, does it make sense to sell out right or do seller financing for a period of time? Maybe this may attract more buyers? Feels like a win win but...
Salvatore Lalicata
Attorney for LLC formation.
Should I use an attorney to help form my LLC properly or should I save the money and do it myself??
Jonathan Gardner
Taking on debt for a refi in 12 months
Hello everyone I am looking to partner with someone that is willing to take on debt with no money out of pocket. It is a duplex that is currently fully occupied bringing in $1,400 a month all utilities are separate be...
Edward Beard
Lease Option on a 3-Unit Complex (Negotiation)
Good Evening,
*Please Keep in mind this is my first Multi-Family Property, $5000 is the most I am comfortable playing with for right now*
I am currently in negotiations on a 3-Unit Complex (all units rented), bringi...
Jerry L.
Mortgage loan question
Newbie question, my wife and I are planning to rent our current primary residence. It is under a conventional loan. I know I still have FHA, 20% down, Heloc to play with to buy future properties. My question is once ...