I have several rental properties in my home state of NJ, all owned in a NJ LLC. I’m wondering, if I buy out of state should I set up an LLC in the states where properties are located?
Can you 1031 exchange a property owned by an LLC? Can you 1031 exchange 2 properties for 1 property. For example if I had 2 rentals and wanted to 1031 exchange them into a 10 unit property is that allowed? How long do...
How does the note selling process work, and how do people asses an offer against a note?
I bought my first home with an FHA loan. It was a modest 157k house, but I only make about 43k a year, plus I have about 26k in student loans and a 14k car loan, so my DTI is pretty tapped (I'm undoing and re-educated...
Hi everyone,I am in the last leg of grad school and just recently took it on myself to start learning about real estate investing. Since then I have started reading a few REI books that everyone seems to recommend and...
Hey, is anyone taking advantage of the 10% discount Home Depot offers to those who've served or are currently serving our country? Please share your story.
I baited you a bit with that title. I'm not looking to get taken for a ride, but this is what's on my mind.
I have been listening to podcasts, reading books, networking and being mentored to a degree, and analyzing ...
BP world,I'm trying to put together the operating agreement for a property holdings LLC and need input on the pros and cons of making myself managing member. I have a management LLC with my wife and I, and I'm looking...
Hey guys. My wife and I are about to sell the house I owned before we got married (we currently live in hers) and we will have about $40K to work with to begin our investing career. We do have about $14K credit card d...
Gut feeling is that 1031 Exchanges are a cheat code to scale a portfolio faster than one could otherwise. But I listen to all of the podcasts, read many of the books, and haven't seen/heard a solid strategy of how to ...