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My LLC is 100% owned by my 401k. So it is a disregarded entity where the tax should flow to my 401k.When I try to open a business account with Fidelity, I filled their form to explain that the owner is my 401k and the...
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Hello,
I’m in the process purchasing my first 12 unit apartment. I’m going to have raise money for the down payment. I’m wondering what terms are typically offered to investors while they “wait” to be paid out? How ...
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I have been reading about the BURRR method, and really want to get started. I have 100k-115k to get started, but I do not currently have a job. I would prefer to not have to go job hunting, and instead buy a business ...
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I have a 6-unit complex under contract in Texas. Great financials. Prefer a DSCR program.Any recommendations?
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Anyone have experience in installing solar panels at a STR? If you purchased/financed the panels, were you able to include the cost of re-roofing, what was the interest rate on the loan and who did you get the financ...
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Hello All,
How does the typical renting cycle work when renting a home to college students? Do students typically sign a lease for a year even though they will be away for the summer? (Baylor closes during the summer...
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Hi, I own several small multi family properties (3-7) unit buildings and while for the near term I am preparing for the pending chaos that will erupt when rent is due on 4/1 I am trying to remain positive and focus my...
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I recently purchased vacant land at auction and believe my best course of action will be offering the property to the adjacent property owners. I am not quite sure how best to approach them. Any suggestions on verbiag...
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I am looking to sell my 6 unit glamping property. I have prepared "Profit and Loss By Month Statement", "Occupancy and Revenue per unit per month", and a written down brief history of the property. What other informat...
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I have more than 10 loans and want to pull equity out. Anyone know a good lender can do line of credit on rental properties with 75% of house value ? I am in Ohio.
Thanks.
Andy