Daniel A.
Let Me Unclog Your Toilet
When I hear someone who says real estate is not for them because they don't want to have to unclog a toilet, I inwardly laugh. Sometimes outwardly. You see these people who wake up at 6am and work until 4 or 5, talk a...
Christin Prince
Financing with Family via an STR BRRRR
Hi everyone,We are going to purchase a house w/ my mom and would like some recommendations on how to best structure the deal. Given it's the holidays I can't call my CPA and lawyer right now, so in the interim hoping ...
Anthony O.
Need help understanding seller financing terms
Im working on negotiating a deal and the seller offered the following terms. I need help understanding exactly how this would work out:"Balance between your cash and agreed upon price would be financed at 7.5% with pa...
Ismael Ayala Jr.
Calculating property taxes accurately
Hello, I'm new to investing and active in the market. I'm in the Tampa Bay area(Hillsborough County) and I'm trying to accurately calculate property taxes. I'm seeing taxes that are much higher than the actual propert...
Daniel Murphy
NC tax laws on deducting mortgage interest
Hi all, this is my first real question here... a CPA recommended that for a residential rental business in NC I should start an LLC but buy the homes in my own name because a business cannot deduct the mortgage intere...
Account Closed
Fastest way to perform a title search?
Ready to make an offer on an out of state property. This is my first cash purchase so I’ve never dealt with this before. I’m competing with 2 other investors so I want to close ASAP. How do I get a title search done f...
Maya De Filippo
Advise for company set up
Hello everyone. I am looking for some legal advise to determine my business structure in the US. I am French, l live abroad and would like to start investing in the US (MI). I have been looking at different structures...
Kal A.
LLC doesn't own title, use for other business expenses?
I'm purchasing a duplex on a 30 year traditional mortgage. I'm planning to transfer to a LLC after the purchase, understanding the "due on sale" clause is unlikely to be enforced. Got me thinking, even if I had to mai...
Clash Lo
Other ways to protect yourself other than an LLC
As a new investor who may not want to start with creating an LLC right away, what are other methods that one can do to protect themselves if a lawsuit were to occur?
Amelia G
What to include in 50% costs & can you charge double mortgage?
So I may be confused on the 50% rule because it just might not work for mid-priced properties in the Las Vegas market or I might be misunderstanding the concept. For example, mortgage/HOA/insurance/taxes on an average...