Hello all, I have a basic investing question: What is considered a positive cashflow when we borrow 100% of the money to invest in a property?In general and simple terms, it will be the money I gain over the money I s...
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
We have a multi-member LLC are at the point that we want to begin taking money from our rental business. We can choose that the return is either counted as "return of capital" or "profit". If I take a return of capi...
What is an acceptable minimum amount of annual cash flow for a SFR that's free and clear?
Hello all, I have a question about getting a credit card strictly for rental property expenses. I’m 20yrs old and have one credit card for personal use, but I recently began managing my fathers rental property and wan...
I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
Are there any strategies to minimize taxes on the profits from flipping? Also, is it advisable to always purchase in the name of the LLC or is ok to do it on my own name if it is a quick flip? Thanks for your feedback.
Would anyone want to give advice about how to obtain your Real Estate License in Indiana? I am a little confused on the process.
As an individual who wants to get well versed in every aspect of REI, do you think it's advisable to get your RE License?
Obviously if your flipping, you'd save on commissions if you plan on listing it.
You'd have a...
GOOD TUESDAY, TO EVERYONE!
Are there Any Investors Using Or Have Used Hard Money in Southeast Mi that can make some solid recommendations on the best strategy to buy and hold a multiunit with Hard money?