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Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
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I received an email from a local apartment broker saying in our State rent collection is down about 5%. For myself this has not been the case I am at 100% which I have been through out the COVID situation. I still h...
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So I've been sitting on $45k of cash in my Roth for some time now, and I can no longer make contributions due to IRS limitations. I'm wary of sticking it into the stock market like I did since I graduated college in ...
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Hello everyone! I'm writing to introduce myself: I'm Justin, and I live in Dallas, TX, arguably one of the fastest-growing markets in the US, both by population influx and real estate demand. I came across BiggerPoc...
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I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
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Hey folks,
I have a SDIRA through Equity Trust Company. Just purchased a condo that need renovation.
I want to issue a single check from the SDIRA to Home Depot and then have my contractor or myself make purchases ...
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Peace to the forum. So my partner and I recently got pre-approved for 224k from a direct lender and he suggested that we get an FHA and put around 7k down on a property. The problem is we’re short on the money. I aske...
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I've been trying to figure out a bookkeeping solution for years now, and I just can't seem to find one. I own 5 properties (8 units), but would like a system that could easily scale up when we purchase more propertie...
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Does anyone have experience and/or a system in place for Rooming/Multi-Use Housing? It seems like a way to drastically increase rental income and not much extra work if done correctly. Im just wondering who's done ...
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I saw a post earlier asking where in Philadelphia people should buy. Philadelphia is still quite affordable compared to the rest of the northeast and mid Atlantic. I know norristown has had some crime issues in the pa...