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I hold my investment properties within an LLC, which on paper, after all deductions, should take a loss each year (or close to it). I obviously can‘t give 10% of my profits.I’m curious what formula/standards others ar...
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I have my first rental property in escrow. I am currently writing up preliminary rental applications and rental agreements. I plan to take them to a lawyer for review and revisions. Lawyers charge by the hour so I fig...
I have 3 situations that I am about to find myself in within the next year and would love your input on each. I feel as though we find ourselves in at least 1 of these throughout our rental careers but I can't find a ...
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When the investors here have cash saved up for down payment money on a new investment property, do you store that money in a standard bank account, in the market, in some other liquid investment? Some combination of ...
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I am screening for potential tenants and so far, I have found one potential tenant that is the most qualified. However, she has low income ($56k), but an excellent credit score (750+) and a lot of assets ($1MM+). The ...
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Hey everyone! I am personally working through a few BRRRs and have several clients in the same boat. The time has come to secure permeant financing on them. I am curious as to what LTV ratios and terms you are seeing ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Victoria.
Purchase price: $76,000
Being new to the real estate scene afforded confidence in my decision to buy this property. ...
What rental tracking software does anyone recommend. I have 34 units now. Starting to get burdensome with all the paperwork. At one time I had quicken and was not impressed or I was to dumb to use it. I am looking for...
With the recent increases to standard deductions - the taxation benefits of owning your own home have been reduced.Being a landlord continues to be tax effective.I have a family member who is looking to buy for themse...
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I started my quest for a park back in December. I am so excited to share that 3 months later, thanks to BP and all the support and confidence and education I have found here, I was able to lock down my first park! My ...