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I'm trying to decide weather or not this house will be a good investment for me. It can be purchased for $22,100 And it will rent for $600 per month. I estimate it needs $5,000 worth of fix up to make it rentable. Ta...
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Hello all, i'm comming in hopes for a little insight. A little back story. My wife and I purchased our home in 2008. It was built in 2006 so we are the 2nd owner's. We purchased it for $122,000. We also cashed in...
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Hey Landlords and landladies! I'm sure each has seen many variation of tenants.I did want to "brag" on this SFH tenant of mine that calls me early to pay her rent with a smile. Wonderful! Same house I evicted a tenant...
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So i posted this in a deal analysis forum and got one reply. Thought I would post it here for MHP knowledgeable men and women. Hi alll!!I could use a little help with putting together a deal on a MHP. I dont have all ...
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Hello,I’d like to get an idea of what it takes for you to cash flow $1K/month. I am a newbie and in the midst of ironing out my short and long term plan/goals. I believe that if I can cash flow $3K/month I can quit ...
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So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
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My architect and I designed a 3 story townhome. Initially, he had a standard walled-in staircase on the second level but I found a metal guy who provided this unique open staircase concept with just a metal rail bar w...
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I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
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Hi everyone! My husband and I graduated from University in the Spring, we both have full time W-2 jobs, no debt, a 780 credit score, about $25k saved, and live in Salt Lake City, UT. We’d really love to house hack, bu...
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I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...