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I am saving up to jump into the real estate investing world. My plan so far has been long term rentals, but, recently, the idea of short term rentals crossed my mind. I think it would be really cool to own an AirBnB i...
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I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
Hey all,Today is a financing-type question.I intend to flip some houses in the near future. I've found 2 very, very good places with great prices - trouble is I only have the funds for the down payment on one of them....
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Here's a question for the expert investors out there with experience buying multiple MFR condo's...how do you structure the financing? Recently I came across an opportunity to buy 34 condos for $600k, each needs a...
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Hello I am wanting to purchase 3-4 duplexes that are priced between 30-40k each and was wondering if I could get a mortgage for all of them instead of one mortgage for each property? With these properties being so low...
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Hello All,I have resigned from my W2 job and going into independent consulting. As a result, further conventional loans are out of reach until I have 2 full years of tax returns. Come Q3 this year, I will have 300k ...
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There is a potential that I may have the opportunity to flip properties in multiple states. Should I establish a business in each state, or will the state I primarily do business in suffice? What are the pro's and co...
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Hello everyone..looking for some guidance for this possible opportunity.There is a landlord in my area who is burnt out and selling her 4 properties. I would like to approach her with possible owner financing but wan...
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If there are multiple offers on a property you are interested in, should you make an offer higher than the listed price? That is, given that your numbers still work out.Looking for opinion from savvy investors to lear...
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Greetings all:We own 3 rental properties in the Dallas area, paid for free and clear. They are held in an LLC. Total value of all three is about $150,000. I want to tap the equity in these properties to build a rental...