Hello! We currently have three houses that we are in the process of flipping. I was wondering if I should file the form to make my LLC be taxed as an S-Corp? I see varying answers to this question. My main goal is to ...
I currently work for a property management company managing about 850 doors in Alaska. We use Appfolio. I am in the process of purchasing my own four plex, but want to manage myself so I have lower fees. Do you guys h...
Looking to start out with buying a second property. For those that know the Chicago area. Is there something to notate such as buying / not buying in general for rental income? I would think the area doesn’t matte...
Hello everyone,Seeking advice on what is the best area in N Illinois.I live in Lake Zurich Illinois and I'm looking to purchase my first investment/brrrr strategy close by. However in my relatively short research ...
Anyone have any solid pointers for getting tenants to take title to the home, messaging, logistics etc? We are trying to turn over 38 titles to tenants and switch to lot rent only, we are encouraging them to take some...
I have a client who will be moving into a triplex soon. 2 units are month to month and 1 is on a lease. All the rents are below what they should be. All units are similar size and condition (not great, but livable). H...
I'm looking at a 28 unit in Excelsior Springs. I am curious if Excelsior Springs has a strong enough economy to make this a good investment?Here's what I know about Excelsior Springs:- E.S. is a B/C+ neighborhood-the ...
We have been trying to buy our first home since September.We have $92,000 saved. Credit score 655.
We are looking to buy a house with at least 4 br 2 bath in Alabama. We are under contract for a 3,037 sq. ft. 4br 3...
Kinda stuck with owning first condo, and now I’m looking to rent out my condo but I need somewhere to live and I’m curious on how I’m going to get another mortgage. I used conventional live in loan at 3% so I think th...
I have recently heard of DSCR loan and wondering if anyone has more information on it. Or if you have had personally used them. Are their any draw back or restrictions? Thanks in advance