Matt McElravy
Advice for creative financing for down payment of Owner Carry
A friend of ours is moving to Hawaii and wants to sell us their 56 acre property that includes a business that generates $220K annual gross revenue (about $100K Net). They are asking for 1 million dollars. They will...
AJ Satcher
Necessity to Transfer Properties to an LLC?
I have two properties that are currently not in an LLC. One is a SFH and the other is a house hack I'm living in. Is it okay that I create an LLC and manage the revenue and expenses for these properties through the LL...
Ryan Kowalewski
Buying a business and organization forming
Hello, I'm currently looking at purchasing a business and having a hard time determining if my advisor has a full grasp on what I'm doing so here are the details. I am buying a business for $700k (100k property, 100k ...
Mike Nelson
Accrued revenue for sale of flip ? my closing is being pushed
I have a flip i bought in October 2015 that was suppose to close on the 31st. But we now have an issue that is pushing it a week. I have never had this problem, but is there any tax law that allows for accrued revenu...
Joe F.
My condo burned down 10/5/12 still not built need TAX ADVICE!
Neighbor fell asleep with a pot on the stove and he burned down the entire 55 unit condo building. I own my condo and lived there for 12 years. I had great insurance but it only covered my living expenses for a year i...
Daniel Brown
Scranton, PA area -- LLC?
Hello,Looking to become an investor in the Scranton, PA area. I live locally.My initial plan would be buy/hold duplexes and eventually larger multi-unit properties in the suburbs around Scranton, such as Dunmore, Dic...
Zack Tran
How do I file taxes for house if owned by 2 separate individuals?
Hi everyone,Now that tax season is soon dawning upon us, I was hoping to get some insight on the best way to file my taxes being that my friend and I both own the property and are filing as separate individuals.In ter...
Bastian Kneuse
Investors, do you use a bookkeeper?
Hello Investors!I am curious how common it is in the RE industry to use bookkeepers and if you find value in it?
At how many doors/properties does it usually make sense to hire bookkeepers? (any rule of thumb?)What ...
Michael McFadden
Experience with airdna has anyone used this service ?
Air DNA provides estimated AirBNB income assessments for a property including approximate daily rental rates and annual estimated occupancy. I am considering a SFH that is on a river as vacation rental. Air BNB is ...
Haseeb Awan
Advice Needed : 1.3 M Property with 0 down & AirBnB potential
Hello, I have recently came across a deal that I would like to have expert opinion. Here are the detailsOwner purchased the property 20 years ago for 200k & then renovated it couple of years ago and spent 400k-450...