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Just curious. I have one of those "junk policies" that Obama said I could keep if I liked it, but is now saying otherwise. My insurance company sent me a letter saying it would remain in effect until December 1, 20...
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Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
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Hello everyone,
It has been almost 1 year since purchasing my first deal and I'm planning on looking for the next one middle of 2023.
I am curious on how the lending works if I have my townhouse fully rented, does ...
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I'm looking for suggestions on insurance companies and coverages for a rental property. Specifically, what companies seem to be rental property friendly and have good rates? Also, what are the must have coverages that...
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My most recent tax filing made me more aware than ever of the potential benefits of claiming depreciation. I've since sold that single family rental and have a contract on another in my area, near Denham Springs, Lou...
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An $80,000 per salary salary is only $219 a day.
$219 a day is only $9/hr if you earn income at 24 hours per day.
This doesn't take taxes into account.
What is your time worth? How are you making money work for you? ...
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Hi All,I am closing on my first investment SFR in Philly in 1.5 months, and have decided not to operate with an LLC for this first property. The property is worth 71,500$. Companies wont write me an umbrella policy be...
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So I am planning on putting my next purchased property under my LLC. I am shopping for insurance and I'm a little sticker shocked. The quotes are coming in around 3 to 4 times the price of my other properties (I have ...
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Both in person and in webinars, more than one lawyer has said to only buy a multi-family (or apartments over commercial space) under an LLC and one said not to mix personal and commercial real estate. I want to buy pr...
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I am just starting out in my real estate investing journey and have been reading what I can find about buying properties personally vs through an LLC. Many say that early on it is (for the most part) preferred to buy ...