I am still waiting for my LLC to be finalized and would like to find a company who offers a LOC to investors. Im new to the game and would like to not use my personal funds to get started. Thanks for any advice or com...
I'm in the process of rolling over my existing 401k from an old employer into a new solo 401k through sense financial. The solo 401k trust is paid for and created but I need to complete the rollover. I have the option...
Hey everyone! I'm starting the process of looking for my first investment property in the Tampa Bay area. Due to the increase of interest rates currently, do you all see HELOCs as a good option for a downpayment on a...
Hi Everyone. We bought a house about a year ago with a SD IRA. It was a more complicated process than I expected, but it worked out fine. We have a nice property and a reliable tenant that is paying the rent on time. ...
I'm working on getting all of my rentals transferred to my LLC and setup in Quickbooks. I'm using Nancy Neville's book: "QuickBooks for Landlords who hold & flip" which is a great help.I have a few personal unsecu...
All private money from 1 investor.
I get 10% equity plus 5% of monthly rents as manager.
Bought it bank owned for 79k. It is a 2 bd 1.5 bath in the fishtown neighborhood of philadelphia.
Rehab budget was 16k. ...
Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...
Greetings fellow investors, I'm facing a challenge and am seeking creative solutions from anyone willing to offer suggestions. In June, I purchased a house in Austin, TX, using PML to cover 100% of the purchase price ...
I'm currently running the numbers on a property in my area that I believe has great investment potential. It is a FSBO that is owned by an elderly couple who are very motivated to sell. I plan on doing a final walkthr...
What are some tips to avoid commingling of LLC and personal funds? Separate checking account, credit card... What do I do about internet/cell phone? I use my phone for personal and rental use and deduct a % accordingl...