I'm setting up my LLC in oder to get started on my first rehab. I would like any advise on key attributes my LLC should contain in order to 1) have the best liability and asset protection 2) take full advantage of ...
Investment Info:
Single-family residence buy & hold investment in Troy.
Purchase price: $111,500
Cash invested: $6,000
Sale price: $150,500
Buy and hold rental. Sold to purchase higher ROI in...
I am currently working on acquiring a commercial vacation rental property, which I plan to transform into an 18-suite boutique hotel, complete with a public bar/restaurant and a pool. However, I'm facing a shortfall: ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $525,000
Cash invested: $300,000
Sale price: $945,000
This was a family venture where each fa...
Quick question here. If I open an SDIRA, how much of the balance can be used for investing? Can I invest it all and have a zero balance, or will I need to keep a certain amount in reserve?
Have borrowed money from a friend to start a company. Don't have the funds yet to start paying him back, My question,, How can I pay him with my own money, and then reimburse myself back when able through the LLC.
For those of you that have a buy and hold strategy, how much do you budget monthly for repairs and capex?
We like to introduce ourselves. I am Margit, aka Maggie, and my husband Damon.We have been in Alaska since 1991 and lived in Willow since 2014. We have been talking about flipping houses for quite some time and now fi...
I am planning to transfer former job 401 to a self directed IRA custodian and purchase a property. The money is enough for down payment and closing cost. This will be a LLC account purchase.
Few questions hope experi...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $200,000
Welcome to 17 Penny Lane, a charming residence nestled in the heart of Walden, NY 12586. This delightful home ...