Geoffrey Fellner
Seller Financing Opportunity
Ok, so I'm definitely a newbie at this, and am sure that I've got a bunch of stuff in here that'll reflect my experience level. I apologize ahead of time if some of my questions sound dumb.
So here's my situation:...
Drake Espenlaub
Renting to College Students (24k opportunity)
A friend of my parents has a son in college, and came to me asking if I knew of anything to rent close to the school. I have a rental I am finishing up, but have put nicer finishes in it planning to not rent to colleg...
Seth Michael Carp
House hack in College?
I have been told that in college I won't have enough time to house hack but to me it sems like a stronger option than just renting for 4 years. Any thoughts? Also was thinking about buying a condo to rent out instead ...
Landon Elscott
Feeling guilty about success from dad...
Let me begin by stating I know deep down inside my dad is ridiculously proud of me and wants me to reach my dreams and potentials, but in light of a freak flood last summer that destroyed their home I can't h...
Danielle Scott
Roommate Rent -how to claim that income?
I have posted about this issue before and got some assistance on the matter but ran into another snag. A brief synopsisParents and I purchased a house together in 2011 and put into an LLC which we were supposed to be ...
Emily Fischer
Reasonable Expectations - Good deal vs. great deal
Hello All, My husband and I are looking at buying our first home. We have been sacrificing by living with my parents for the past 8 months to save up money. It has been hard. My parents have very different life styles...
Joshua Davidson
Payroll question in regard to Disregarded Entity owned by S-Corp Holdco
I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...
Brett Lofendo
House hacking north side of Chicago - 24 years old, am I ready?
24 years old, single. Living with parents in Chicago suburbs but moving to Lakeview East (North side Chicago) next month to get a feel for living in the city. Current salary 110,000 hybrid tech job. Savings of 50k in ...
Jim Viens
Minor in title
Couple of questions. I have a property I'm about to get under contract. BUT...an initial title search shows that the property is actually in the name of the 14-year-old daughter of the guy I've been talking to (long s...
Jacob Zeimet
How much cash do I need?
Hi everyone,I'm a complete newbie at investing, and I feel like even with the books I've read there are still so many unanswered questions I have. For information, I'm a year out of college and have a very decent W2 i...