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How does someone BRRRR properties that are under 100 K in value? The lenders I have talked to want the property to appraise for at least 100 K for the 30 year refinance loan. I know in many areas 100 K property as a j...
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I have owned a LLC partnership for 6 years in Maryland that owns rental properties and filed tax returns. If I convert it back to a sole owner pass-through LLC will it spark an audit?Also, can I set it up so that my ...
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Quick overview - Tenants have been in the house for +/- 16 months, their initial 1yr lease is now month to month. Rent has been punctual, they are great tenants. House is located in SW Oregon.In the past month, both...
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Hello,
Been looking at duplexes in Cleveland, seem to be some nice properties priced somewhat favorably. Originally from Northern Indiana - so I know Cleveland has had it ups and downs. But from an outside perspecti...
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The overarching feeling at the moment—both in business and life in general—is one of uncertainty. What does the future of our business, our country, and our world look like?
Uncertainty is just a part of life—that’s...
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Hi there,Question to the forum. I've a got a distressed seller who has been given the option to either short sale, deed in lieu or catch up on payments (worth around $16K to catch up). Bottom line he wants to short sa...
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for investors in Massachusetts with two or three properties how do you structure things? do you have an S corp for the taxes or something else? I know LLCs are expensive so wondering what others are doing.
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Hello all...thanks for letting me join. Currently a small time investor. Properties in Idaho and Louisiana. Starting to like and understand "cash flow" homes. Looking for a new area to invest..(don't like having a...
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If you are a licensed agent and looking to build rental portfolio, assuming you represent yourself... what do you elect to do with buyer side commission? 1) Get paid as if agent
2) Try to Reduce closing costs
3) Red...
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Hello. We own 2 condos in Texas: 1) one under my daughters name "PROP 1" and 2) another under my wife´s and my name "PROP 2". I just incorporated a single member LLC in Texas to house real estate investments. In sh...