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I'm trying to understand the tax implications of investing in discounted real estate notes. I've heard a couple of differing opinions about how to calculate what is taxable income, but I'm curious to hear from some CP...
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I formed a partnership with an investor and we have $300k sitting in the operating account. Rather than paying a property manager a $1,000 fee to place our tenants in the property, I am doing that and partner told me ...
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Hello Investors!
I am looking for advice and your experiences on which bank you use for your real estate investments?
Here is my situation:
I open an LLC for each of my investment properties and for each LLC I need...
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I've been working really hard to get my first wholesale deal done. I got to use spare time, because of a 65+ hour work week at a job and family. But hey! A guy can only do what he can do right!?
My phone rang yesterd...
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The seller and I came to an agreement on price, I sent her the contract, but the probate attorney said that I need to send a HUD. I thought the HUD was the paperwork at closing with all of the transaction info on it?...
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Hey guys I know this might be a bit of a newbie question, but what is Net Operating Income? How is it calculated and what does it mean? I've been finding some mixed/unclear definitions. The same thing goes for Cap Rat...
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I am opening up an LLC for my wife and I to use in real estate investing. I want to do a flip under my LLC but bring on a partner for the project. What are my options for bringing him on board? Its a 50/50 split on th...
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I switched from QB online to desktop because I could not justify the pricing any more. I am running into a few issues.I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing cre...
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Hi, me and my business parter started a Vacation Rental Management company and have 2 warm-market-related clients. We are wanting to venture and take on new clients but want the correct systems in place. From my under...
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I appreciate any lenders taking the time to read and respond to my post. I work with multiple local banks who underwrite differently, please consider the specific set of facts that I provide for this hypothetical. I...