Just got the prelim title search for a property, the owner has a recorded federal tax lien on early June 2007, that lien is attached to his property, around $110k and he obtain a mortgage by refinance his property( pr...
Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I wa...
Imagining the beginning of a R/E investors career, what does it look like to pay yourself as an investor? To add more context, let say you're a hustler and within the first year completed 2 flips, gaining $40k profit ...
After investing in duplexes and triplexes, I'm moving in 'apartment' building investments. I'm in contract on a 6 unit apartment building and received the actual expenses today. While comparing the expenses presented ...
I currently own a small plumbing businessI am trying to figure out if I am better off having employees on my payroll or having them on a 1099?we currently work for a big box retailer that pays us on a 1099 my plumbing...
For a hypothetical complex of 150 units, what are some ranges for personnel costs in the Midwest for the onsite office manager and maintenance person or people? That is, when I'm penciling in personnel costs in a spr...
Howdy everyone! Our short-term rental portfolio has been growing like crazy, and I've recently had multiple people approach me about managing their short term rentals for them as well. I'm excited to try my hand at th...
I'm a GC looking @ employees vs subs. I'm collecting employee cost based on hiring two to do rehab work @ $30K ea to make the decision. I don't like not having control over my subs, that is why I am looking at emp...
I haven't seen a lot of discussion about this topic which surprises me since I feel like personal finance people talk about HSAs all the time! A couple months ago there was a guest on the BP money pod that said someth...
With the likelihood that a Fall COVID outbreak will force schools to close and adapt a virtual teaching platform parents will incur the cost of time and lost wages to supervise and teach their children. I understan...