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Looking to start investing in January, 2017 in buy-and-hold rentals with an investor group. I want to create my own LLC which will buy into the LLC that owns each property. I'm looking for form LLC in Kentucky. A f...
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I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
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Hi,
I was looking to upgrade my accounting systems at the beginning of the new year. I was wondering what the best software is for real estate accounting? Or what you would advise me to use? All options will be gre...
I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...
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I have spent the last several months on the verge of a stress induced stroke and a couple of weeks ago I decided "&^%* it, its out of MY control".
Here is the summary. I own 4 different small businesses. A con...
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When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?
It makes sense to me to pay half be...
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I am new to these forums and to real estate investing. I will soon get a hold of 250k of cash from selling my home. I would like to invest some of this into real estate.I am thinking of investing in a single apartment...
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So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...
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Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...