Account Closed
What Percent? real estate vs stock market, vs cash
Curious what others think good percentages are to be invested in real estate compared to the various investment vehicles such as stock market, peer to peer trading, etc. How are you chopping up your nest egg?Personall...
Lauren Heinen
Handling a future rental that is a primary for next 12 months
Hi! Looking for recommendations on bookkeeping/account management for a single family home. We are closing on it on Dec 21st and will live in it for a year, then rent it out as a long term rental. Are any of the repai...
Laura Johnson
PSA: Personalized CC
PSA: I recently found out that my credit union offers personalization of your debit and credit cards. It's a free service for the accounts you have at the bank/credit union. I have made each of my rental properties a ...
John Williams
Acquiring Mortgage as an LLC?
I'm considering making the jump into my first investment property (buy-hold traditional rental). I plan to set up an LLC.How difficult will it be for an LLC to obtain a 30-year fixed mortgage (20% down payment)? Will ...
Mikal MAxim
Cash out Refinance or DSCR Single Family Rental
Hi, and thanks in advanced for your advice. We moved 4 years ago to a new home and kept our previous home as a rental. It has been rented out the past (4) years and has good equity. I would like to get cash out, but u...
Brandon Stiles
Questions about using LLC for flips...
I know I need to sit down and talk to an accountant before moving forward but I was hoping someone could help clarify a few things for me.I'm planning on creating an LLC for house flipping. Mainly so I can elect to be...
Tyler Bolton
LLC versus personal umbrella policy for Indianapolis SFH rental
My wife and I have owned a single family rental house in Indianapolis for 1 year and are trying to decide between an LLC versus a personal umbrella policy. We currently live in CA, but are moving to Illinois in the co...
Ryan E.
Business Structure for holding/managing properties
In the past I've held properties in my name and received rents in my name at a generic mailbox and never had a problem. Also, I have umbrella policy that covers additional liability exposure for my properties. Now I...
Josh Schaap
Where's all the OPM?
I keep hearing podcasts referencing people using OPM (other people's money) to buy real estate. In most of these cases they are referring to private money lenders. I keep hearing people say that they are plenty of peo...
Edwin Batte
For a rental owned by LLC, who is the insured?
Who's the insured on these policies — the entity (LLC) or the manager (really, owner of property) OR both?Policies exclusively naming the entity (LLC) are rear and expensive! What’s the upside, anyway?Those where both...