Hi,I am about to have my first TAX report this year, and the CPA is asking for all the expense.During the rehab, I got tons of receipts and invoices. How do you keep track? Do you have some filing system?Thanks Doron
We’ve seen the internet modernize Real Estate with the free flow of information, mass exposure for properties, and even inter-corporation data exchange. But how do these changes affect the big players in the market ...
Hello - I have few friends that are buying empty lots around us, playing a role of GC to build a house (have learned it over the years with education and experience) and sell it. I have few questions1. Approximately w...
Hello,I have a question for the rehab investors out there. When flipping multiple homes at once should i hire a project manager and find individual sub contractors to do the houses? or should i hire a general contrac...
Hi everyone - is it common for HELOC appraisals to come in lower than conventional mortgage appraisals? Last spring my property appraised for $135k and this past fall it appraised again for $85k. No drastic changes t...
Hello!We are working with a credit union on a loan for a commercial property acquisition. The loan is full recourse. In the past, we've just listed ourselves as individuals (or maybe our trust, I forget) as the guaran...
Hi Everyone!A little about myself - I've been looking into RE investing for a little over a year now while saving up capital and paying off high-interest student loans as fast as possible. I am now in a position to be...
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Hi everyone,I had a pretty quick question which I was hoping to hear some different perspectives on. I plan on purchasing my first property soon and in order to reduce my mortgage I will be renting out some rooms indi...
Hi,I am 30 years old and own a house in Chantilly, VA where I live in the master bedroom and rent out the remaining 2 bedrooms to two young professionals. I want to buy another property in NOVA that I can rent out fu...