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We are a four partner Real Estate Investment Indiana LLC, owning Indiana residential properties, 1-3 units, all partners live in California.
What questions should we ask prospective tax accountants?
Any REI tax ac...
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Hi everyone,Recently I got into a discussion, which turned into a disagreement with a family member about downpayments. In short I said if a deal doesn't cashflow with a regular downpayment % such as 20-25, throwing m...
Does anybody know if it is legal to make tenants pay the monthly solar panel lease fee and what the solar company is charging for the electricity generated? The lease that the property manager set up, that the tenants...
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A few of us want to get together to invest in a few rental properties. What would be the best structure to form this partnership (LLC, REIT, etc.)? If some of you can shed some light on pros and con's it would be grea...
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Hi All! We own one property (our home) worth around $500k, no debts owed.We would like to purchase a second place as a rental property for 200k-250k.We also have to renovate our current home (estimate cost around 65k)...
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I’m looking to get into rental properties. Eventually appartments and bigger projects but I’m focusing on multi-family units right now. I have a great career already that pays me a great amount of money but like most ...
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With a buy and hold strategy accumulating SFR rentals into a portfolio for retirement, let's say you cash flow an average of $300/mo per house (after all expenses/mortgage).If I was to generate like $9k/mo in order to...
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Thanks in advance for your help!Situation: Got water in the garden unit of a 3-flat investment property about a week ago, got a new cast iron 3/4 hp sump pump, confirmed that it worked. Got more water yesterday, chec...
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I am on the verge of being thrown out on the street right now. I am hoping to put a home under contract asap, because I need the money to get an apartment. Someone advised me to use a sub to lease to help me out in th...