I am a new owner of a duplex that I live in one unit and rent out the other unit. needless to say is a Tax year, and I am doing my own tax. I have done some maintenance on the bulding as a whole. My question is can I ...
Hello BP,I'm operating out of Maryland. I have heard and read that if you are going the LLC route, the property needs to be titled (before/after purchase) in the name of the company. An accountant is now telling me ...
Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular ...
I'm in North Carolina working on renting my first property. Any help is greatly appreciated. I read online that in some states if one charges a pet fee that doing so restricts what the security deposit can be used to ...
Can someone help me understand how appraisers generate the values during the appraisal process? I am reading our appraisal report and trying to make sense of it.We own a duplex and occupy one of the units. Back in Nov...
Hi everyone,Following my first marketing campaign, I had a couple of calls. One won't work due to the seller not being motivated, the other sounds like the poor guy is in distress and just wants out quickly. My issue ...
Hello all still new here. I'm still in education mode but getting closer to my first deal - reno/resell an entry level single family.
My question concerns "advice" and "direction" contained within various educationa...
Hi Everyone,
I am currently researching the process of wholesaling and am a little confused about the process. You will see me post a couple topics, however this one will be specifically regarding the title companies...
So there is an hud home that we have put 5 bids on. The home was priced 108k and we put our first offer in low, we kept coming up and they told us is the minimum net would be 75,600. We saw the price had dropped at...
I own 10 SFH and 20 parcels of land. I am a dentist and make a good chunk from that business yearly. I want to protect my assets and have spoken to a local lawyer, Prime Corporate Services, Anderson and NCH. A local a...