Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
Found a house coming up for auction soon and purchased Next Ace report. I was hoping someone would help explain how to understand the mortgages and liens section. The auction (Dekalb County Georgia) states the 'main' ...
Hello BP,If I am considering renting my house out and moving into another home. Should I get an LLC? Whats your thoughts on why or why not? If not now then when should I? It would be the first rent home in my portfol...
I am a new investor in Chicago looking network with other investors, learn about the potential return on investment, and learn about C+ neighborhoods which are suitable for investment.
Hi everyone, I’m trying to understand the Pros and Cons on determining which is better, Owner Financing or being a Landlord.
From the research I’ve done, this is what I’ve found so far. I’m not 100% sure if this is a...
hello all,
i live at home with family and i have a WFH role. i have an 805 credit score, no debt, and 100k capital to buy.
the options i see that could work for me are as follow
1. buy a 2 unit in Paterson or centr...
I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses. Thus, income less operating expense is $1,195.04. What is th...
Are there any tax benefits to doing fix n flips where you sell the LLC that the property is held in vs. selling the actual real estate?
Example: Purchase and rehab a house in an LLC, then sell the LLC.
...
I formed an LLC in Texas for my 6 rental properties last year. A letter from the Texas Comptroller of Public Accounts says my company’s first franchise tax report is due in May. What is this and do I need to file it f...
Hello All,I am very new to real estate investing, I have a full time job making 47k a year. I have no debt, excellent credit but I have no savings.I heard there are ways to buy properties with little to no down paymen...