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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
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Valuing a Mobile Home Park:
I want to know how many lots there are, how many are occupied and paying, what the lot rent is, what expenses the owner is paying, and who is responsible for the water lines, sewer lines,...
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BP , I have a question should I get a LLC when purchasing a rental property? Or should I purchase in my name. Does anyone have any knowledge in this area. Your help will be very appreciated thank you in advance.
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Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
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Hi BP community,
Anytime I've googled REI topics or looked for YouTube posts the answers are almost always provided by those who are selling mentorship or coaching REI.
I'm really curious as to the motivation behin...
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My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
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Quick question for you guys.. I have a tenant in Milwaukee, Wi that just let me know through a text that she will be late on her $450 rent payment for August. She hasn't been late since I took it over (4 months ago), ...
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Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
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