Shane Woods
Please help me help my friend - buyer wants to assume his loan
Hi Y'all,
Here's the story, and my thoughts. Please help and correct any misunderstandings I have...
Friend bought a house FHA for $127K about 6 months ago. $5500 total out of pocket at closing.
A buyer (former ow...
Jon Guy
How do you find owners that own their property outright?🥺
Looking for a best case scenario to find an owner financing opportunity.
Chuck H.
Venmo, Paypal, etc. with an LLC
For those who use Venmo, Paypal, etc. to collect rent, how do you handle it with your LLC structure? My Venmo and Paypal accounts are my personal account. I receive the rent then immediately transfer it to my LLC's bu...
Christina B.
Long term: keeping an eye on the RealPage lawsuit
Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons). I'm aware that ...
Susan Tan
What are exact steps to refinance a property I paid in all cash?
What are the exact steps to refinance a rental condo apartment property paid in all cash? Is this material covered in a book? I want to buy an additional rental property but I do not have enough cash reserves to buy a...
Joaquin Johnson
What to do with $100k!
Hi all,Considering selling our first long term rental investment property that’s been cash flowing $400 a month. Its been a great property but the appreciation is just sitting there and not working for us. With rates ...
Vincent Plant
How to approach and acquire home owner in foreclosure?
So, I was made aware that a homeowner who lives next to one of my properties in default and possibly going to go into foreclosure shortly. The house is a mess and I know I could rehab it cheap and increase the value b...
Michael Vilasi
Sending 1099 without formal registered business
Quick question and help needed from the tax pros/gurus in the audience. Thank you in advance. I have two long term rentals. I am not set up as an LLC. In 2023 I paid one contractor slightly more than $600 for HVAC w...
Chris Bluem
Entity Structure and Tax Planning
Hi, I am looking for recommendations for firms that provide setting up correct entity structure (S-Corp on operating side / LLC on non-operating), and also provides tax prep and planning. Real estate and short term re...
Adam Craig
Tips on setting thermostat to reduce heat bills on rehabs.
Now that I have 6-10 Gas utility accounts at any given time from rehabs or vacancy, I am trying to be more economical with the heat settings this winter.Turning the heat off is not an option on most because water in t...