Jake Miller
Accounting help! Pay yourself as a PM when you own the property?
Hey!I recently closed on a quadruplex which is my first property and used an FHA loan. I created an LLC which I will transfer the property title into since I will be living on the property and another LLC as the prope...
Juan David Maldonado
Partnership when you want to grow?
If I go 50/50 on a duplex with a partner. How can I grow and buy the next property with my duplex without my partner? Or how does a partnership work when one wants to grow?Thank you
Mike D.
How much equity do you like to have in your property?
Most banks want at least 20% of the appraised value in equity, but do you prefer to keep some extra equity available? What percentage are you comfortable with?
Maranda Tucker
Pros and cons of rent by the room?
Up until now, we have shot down any opportunities to manage rent by the room properties; however it is a conversation I am having more often these days and considering it more seriously. What are the pros and cons of ...
Fillipe Silvas
Have you ever rented several rooms in your home?
I recently closed on my first home and have 2 tenants lined up to rent 2 of my extra bedrooms. This situation is what has gotten me so interested in real estate investing. I have a 4th bedroom that I am considering re...
Andy Meckel
How do I approach a seller about seller finacing
Hello everyone. I'm looking at a rental that looks like the numbers will work. However I do not want to put 25% down to secure financing. I want to ask the owner about financing all or part of the purchase. Do I go th...
Jason Parfitt
Feeling overwhelmed with Real Estate?
Are you feeling overwhelmed with your Real Estate start? It makes sense, there's a ton of information to sort through and horror stories from 10 years ago of people going bankrupt. The amount of acronyms in real esta...
Mike Steffen
Passive Investor - How to report on tax return?
One of my friend has business of flipping houses. He offered me to invest in his business on profit sharing. I will be just an investor and will get my money back with profit once he sells property after fixing it. Ho...
Robert Sandoval
Heck school I want to invest now !
I know it’s important to stay in school and all but with this quarantine going on and everything, all I have is time that I’m wasting and I just want to become an RE expert and literally be 10 steps ahead of the game ...
Chelsae Roach
How is PMI determined and best lenders to work with in WA state
I will try to keep this brief. I am looking for guidance on best lenders in Wa State. My Husband and I are looking to buy a home in the under $400,000 range (ideally something that we can rehab and house hack). In our...