I am currently reading the Multifamily Millionaire series and have a question regarding the BRRRR method. If I plan on using a cash-out refinance commercial loan (5+ units) and am going to use a mortgage broker to fi...
Since today is the deadline to file 1099s with the IRS for all contract workers, I thought I'd share a simple "best practice" for getting the paperwork done.Print out a short stack of W9 forms to keep in your car or b...
If you have used a HELOC as a down payment do you calculate the monthly payoff of that draw as an expense when running numbers on a potential deal? Example: expenses+mtg+HELOC= total expenses. Initially I have been do...
I have been trying to network as much as possible locally. Meetups locally are few. I have only found 1 that happens maybe every month. The 1 investor I have been able to sit down with is more of a "traditional"invest...
My LLC is 100% owned by my 401k. So it is a disregarded entity where the tax should flow to my 401k.When I try to open a business account with Fidelity, I filled their form to explain that the owner is my 401k and the...
Hi,I wanted to see if anyone has placed solar pv on rental properties?If so, what was your motivation? Do you advertise this feature and/or is it a large driving factor to attain particular tenants? How much do you ma...
I'm currently looking at some at some opportunities in commercial real estate. I've always worked in residential in the past. Is it typical to retain a buyer's broker? Is the buyer's broker's commission usually paid t...
First time posting!
Looking at a pre-foreclosure in the LA area and the owner wants to sell directly but also has it listed. Can you put a property under contract privately or must you put it an offer with the realto...
Hello,
I work for a company looking to start a non traded REIT. Anyone know the process of doing so? Do I need to get in with the RIA network? If so, How?
Your current situation is.....
You have 1 rental working now. You are currently residing in your next rental at the moment which will go on market in 90 days as a 2nd rental.
Current equity for both homes is ab...