WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...
I have three listings and several more in process, so selfishly, I wanted to start a thread where we comment on off the shelf software tools and best practices for managing listings when you have several or many. Let...
I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex. I swear when I asked some investors their expenses they acted like they had amnesia. Since I have over a yea...
Hi all,This is actually a 2 part question for fellow foreclosure investors:1. Mortgage PayoffHas anyone found a way (or pay-service) to obtain a CURRENT mortgage payoff for mortgage/note WITHOUT owners authorization? ...
Find Quality International Preconstruction Investments Without Getting Ripped Off?
INTRODUCTION
Most investors will tell you that real estate is a sound investment… one of the best you can make. There’s a fixed am...
Property insurance seems to always be one of my biggest expenses. Most of my properties are replacement cost. The agent says the cost to rebuild is this number. Which is so much higher then I would ever be able to sel...
I will be moving out of state but would like to keep my primary residence as a rental. I was contemplating leaving all the furniture and setting up a "room share" medium-term rental over a traditional lease agreement....
Hello Everyone, I hope everyone is having a Merry Christmas! I'll give a bit of back story before posing my question in order to get the best response to my situation. I have been doing all of our bookkeeping for our ...
Seeking Information:Some of the other wholesalers have a $3500 non refundable deposit to contract with them.Is there a simple work around to this?I think I saw where someone put down a $10 deposit and a clause that th...
This was my third deal after the house hack last year, and the flip I sold earlier this year. This one was another great learning experience. I'm a firm believer that your first few deals probably won't make you rich ...