Introduction: Real Estate Investing can be a lucrative venture, but deciding whether to go solo or form a partnership is a crucial decision that requires careful consideration. In this blog, we will explore the advant...
When trying to purchase your first MHP which is a better way to get funding? The few commercial lenders I have talked to wanted to work with established businesses. So is it safe to say that I should get pre- approved...
I've recently purchased a condo with all cash and looking for refinance options. The condo is in my business name which creates an additional complexity to the situation. Can anyone recommend a commercial bank th...
Hello BP, and greetings from Switzerland.Simple question, not so easy background:Will we be eligible for a conventional loan (Freddy Fannie)?Background: my wife and I are currently living in Switzerland. She is US cit...
At the moment, im currently accepting a Sec. 8 tenant with good credit and no criminal history. I have thoroughly screened the tenant and spoken with the tenant's previous landlord, employer, and references, and they ...
Hello,
I have been advise so many different ways to structure rentals. Most recommended to open an LLC for each property and title the rentals to the LLC.It is a lot of administrative work and I am not sure what will...
What is a tax sale?In the United States, anyone who owns property must pay some sort of real estate tax to the government. The taxes that are collected pay for public services, such as, hospitals, schools, law enforce...
Can people using their own names instead of an LLC to qualify for a hard money loan, or do you have to have an LLC to get hard money?I am still very new & learning many new things. One of the things I constantly ...
Hi - I’m working on a deal in Dayton,OH and the water situation will make or break the deal. Currently the Landlord pays for approximately $315 per month for water/sewer charges. He has really low rents and does not p...
Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...