Thinking about setting up a property management company to use for my rentals to show the income as part of the management company rather than personal finances. I am sure this is a common strategy because I have hear...
I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...
How do you purchase a property in an LLC if banks aren't very willing to do that? Does it just have to be an established LLC, showing consistent income for "x" years?Do most investors take the risk of purchasing in t...
I am very new to RE investing and reading the above book. His first example "Plan" is to buy a fourplex. He assumes he puts down $16k and $4k for repairs. Total investment is $20k. He assume each unit produces $2...
I have a foreign partner. We have a Texas LLC with no transactions or assets yet. I am looking at buying a SFR and financing with a conforming Fannie Mae mortgage. How do I transfer a percentage of ownership to my ...
On numerous occasions I have heard that if you don’t have any money to fund a deal, simply partner up with someone who can provide the funds and make a 50/50 split on the profits.My question on this approach is… How d...
So after 10 years in my profession my wife and our 8 kids (yes 8 kids) have decided to travel for a year or so in our very large RV. With 200k in the bank (150 invest, 50 travel) we would like to move from just stock...
Alright, I’m just gonna go ahead and stick my head out there and get straight to the point. All business. If you’re someone who is outside of Baltimore or maybe even inside of Baltimore and wants to invest here but un...
Hey everyone!I'm sure this topic has been discussed many times but I'd like to revisit it now as I'm thinking about creating an LLC for future investment properties. I'm new to buy and hold investing this year so I'm ...
I am wholesaler that has found a property in Chicago, IL. The owner is out of town and half completed the rehab 7 years ago and its just been sitting. I want to do an owner finance with her. I like the wholesaling b...