I Reside outside the United States and am currently looking to purchase a rental property in Florida, likely the Jacksonville area. Is there anything unique to take into consideration in the legal set up process (gett...
Given the current situation, to make offers attractive some folks are considering full cash offers. Any idea what would be the rough closing cost advantage between full cash versus 25% down on a $300K property. I am a...
Hi,1. What are the advantages and disadvantages with using the 203k or Fannie Mae Renovation Loan vs Hard Money Loans for fix and flip properties?2. What are the advantages and disadvantages using Hard Money Loans for...
Hello all. Currently I have one sfh. It is a traditional mortgage. I am trying to understand land contracts and how they work. I have a few questions on the process.1. How do the terms work? Is it for 30 years?2. Is t...
Hey All -
I was hoping to get some feedback on using Quickbooks Online. We currently use QB, but it would be MUCH easier to manage our books if we shifted to their online platform.
Can anyone share the...
Hello,I have several years of experience in many areas of REI (STR, LTR, BRRRR/Flips and I've built a kennel from the ground up). I have 10 plots of land I want to build on and I have plans and a trusted contractor bu...
Hi all - I posted this question in an old thread but I don't think it's getting as much traction as a new post. Here's my situation:I am a first time investor, about to rent out my current home (3BR/2bath) in a A-/B+ ...
I have been offered $1,600,000.00
I am about to close on my second income property in about a week or so. the first IP that i have is under my name; when is the right time to open an LLC and have all properties under it??What advantages are there to h...
Hello, I was once told that going to the seller's agent directly and giving them the full commission of the property you are looking to buy will give them more incentive to close the deal with you. Any thoughts about ...