I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
Hi everyone! So I've heard about the 1% rule & 2% rule (or guidelines) when purchasing a rental property: the monthly rental rate should be 1%-2% of the total amount you have in the property to make it a good inve...
Hello,Thanks in advance for reading this and any help you may provide.I am a note investor. We have one note in Ohio. We initiated FC. However, the borrower, just Friday, wired $5K and begins making $913 payments m...
I would like to know how to start REI in the US. I’ve heard that I should contact a lawyer to make the setup. But what is the setup? An account, permissions, forming a LLC etc.? I would love to connect with others who...
My situation is pretty simple.I'm currently 39 years old. I'm single with no kids or girlfriend. I've been busting my butt over the past several years and now have my home paid off. I have 3 bedrooms rented out and...
A gentlemen by the name of Michael Treat has joined many of the Kansas City real estate meetups (ie. Kansas City Real Estate Mentoring and Network Group) but he has joined all of local meetups and networking groups re...
Just looking for a little clarification on possible ways to use private money to purchase property. I am not looking for partners, I want to own 100% of the property.
Lets say I have 5 people committed to loan me ...
Long story short, my fiance and I own 5 properties in US and Canada generating about $88K USD of gross annual rental income. 4 are SFH and 1 Duplex. However our estimated annual cash flow is $6500 USD after PITI, prop...