Al Palomo
I've used personal funds for LLC bills
Hello all. I'm a new investor and currently have 2 rentals (1 vacant and only recently renovated). For the rented property, during the pandemic, I muddied the waters and used my personal funds to pay for renovation,...
Nicholas Lilly
Eviction: Legal Grounds for Landlord in Evicting Tenant in Texas
Are you planning to evict your tenant?
An eviction lawsuit is filed by the landlord to remove tenants and their personal properties from the rented property. In Texas, evicting a tenant is governed by Texas Property ...
Timothy Backman
Active Duty Looking to Start-out with Househack
I am currently deployed active duty in the Army and I am planning on leaving the military in the next two years. I have been researching, saving and planning to invest in rentals with a househack for my first purchase...
Bill Gulley
PREDATORY SALES AND LENDING
I recently posted that some lending and sales schemes were predatory.
First, predatory practices does not have a legal definition, generally you will find examples of strategies or activities that are deemed ...
Davion Smith
Starting out in Multifamily property investing
Hi Everyone,I recently separated from the military and was planning to use my VA home loan to start my investment journey. I started a job that took me overseas right after I left got out of the service. I was hoping ...
Joe Shields
Seeking $300K for Boutique Hotel Downpayment by Feb 9 - Collateral & Equity Offered
I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
Christopher Dru
Reducing 401(k) Contribution to Fund Real Estate Business?
I have been reading a ton of material (including Bigger Pockets books!) on real estate investing to educate myself before purchasing my first property.I've been scanning the MLS and been in contact with my agent for t...
Michael Turner
STR Material participation requirements for married filling jointly
New to the forums, and I haven't been able to find the answer to this question yet (I apologize if its been answered already). My wife and I own a STR property via an LLC in which we are the sole owners. The LLC is in...
Jake Bute
How to track time in business to accommodate 500+ hours?
Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing....
Tiffany Griggs
Long distance investing (Dubai)
Hello everyone. My husband and I live in Abu Dhabi (near Dubai), UAE but we are from GA. We have started this journey on becoming real estate investors (in USA) and have hit a couple hurdles. I am looking for suggesti...