We were moving merrily along the process... i got my final loan approval on our new home. My entire 4500sq ft house is packed up in boxes in the garage, movers are scheduled, hotel arrangements made, mailing address ...
I have found two properties that I am interested in. One is a four flex and the next is a duplex. They are roughly the same amount of money to buy. I guess I am stuck on wondering if the small amount of cash flow w...
I am wondering what is a good vacancy percentage to use in my cash flow analysis? Recommended values range from 5% - 40%. I want to be realistic, but I don't want too miss out on a solid performer because I was too co...
I notified a potential tenant via text that their application was denied after the $35 tenant screening service revealed an active, open bankruptcy (<6 months) (as well as two prior dismissed bankruptcy filings), a...
I'm buying a REO, Wells Fargo is seller, and they offer to pay for owners title policy if I use their chosen title company. This could be a decent $$ savings. Who has gone this route before and any opinions whether g...
Brief background: I still own rental property and relocated from TX to AL in 2017. I decided to rent a house for a year to decide where I’d prefer to live long term instead of rushing.
Straight to the point: I am bu...
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...
Hello all, I'm hoping someone here can point me in the right direction. In December 2022 I purchased a single family home with 5% down which I am currently living in. I am now trying to use the new 5% down option on c...
I get a fair amount of colleague requests from people, who don't send a message with it?Why bother?I don't understand why someone would want to collect colleagues, unless they actually have some common ground or have ...
Hello everyone! I am extremely interested in real estate investing. Currently, I am no properties, but I am open-minded love to learn new things, and hard working! My reason to invest in real estate is financial fr...