Edith Yuh
security deposit in installments
I am moving and renting out my condo ($2700/month) in the San Francisco Bay Area. A prospective applicant asked me prior to viewing the property whether they can pay their security deposit (1.5 rent) in 4 installments...
Kay March
Applicant for Rental Claims U.S. Air Force Employment
An applicant for a rental that I own in Florida claims full-time employment for the U.S. Air Force as an officer making $85,000/yr. In a Linked-In profile he claims to be a Commander of a Communications Squadron in th...
Patrick Kelly
Trailer Park Investment Property Financing
Using the template within this forum so details below...Your goals and story: Purchased a SFH for rental in Indiana earlier this year and am focusing on this state (IN) for additional doors. New to REI but aggressivel...
Mike Landry
Why all the w2 hate? Where is the sweet spot?
Is a W2 job really that bad? I laugh when I read all the posts and articles talking about how horrible w2 income is, blog. And then people talk about sheltering via s corps with low salary and distributions to avoid...
Felix Sot
First loan & underwriter - 6 C's
Hello,Ive been doing a lot of research (and searching the forums) but I havent been able to find a clear answer. This is in regards to the "6 C's Loan Proposal" video found here: https://www.youtube.com/watch?v=vM0S5O...
Christopher Rogers
How Can I Learn the Industry While Making Money at the Same Time?
Hi Everyone!I was up late one night searching for lucrative ways to increase my real estate knowledge. I found a ton of articles about BPOs. But nothing specific (nor helpful) on how to enter the BPO market. This s...
Chesil Thye
Changing LLC TO S Corp for filing taxes after a flip.
We just finished a rehab and put the house on market. We are at mutual right now and my partners would like to change our Llc to a S Corp. They say it is better for tax purposes. We will also dissolve the S Corp after...
Arlet Rodriguez
new to real estate what should i focus on
Hi!I am new to this whole real estate thing. My goal is to reach financial freedom through passive income by 45. I am currently 20. I have about 6500 total debt(student loans and private loan) excluding my car (20k). ...
Gerardo Ali
Should I do an LLC, S Corp or leave it under my name?
I purchased my 4plex several months ago and plan to buy more in the beginning of the year, is it wise to leave it under my name or should I create an LLC/S Corp ? I am looking for the best way to pay less taxes and be...
Tony P.
Creative financing help for self employed
I'm a 1099 contractor.I won't be able to show income untill I fill my 2020 returns. I'd like to purchase a property however I won't be able to get a loan until I file. Are there any strategies I could use with a sell...