I am the landlord of a commercial building, occupied by a restaurant that has been there for 25 years.The new business owners will be purchasing the business from the current owners and will be our new lessee's. They...
I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
I own a successful real estate land investing business that takes a great portion of my time. I am looking to acquire three or four multifamily properties in before the end of the year to round out my tax planning st...
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Real Estate Investing, in reality, is not as easy as it looks in movies and reality shows. There are cost overruns due to many unforeseen issues that comes with renovating a property. Making already slim margins to st...
Which type of home has the least waste of money: a $75,000 mobile home, a $250,000 condominium, or a $500,000 house?Less interest is paid on the mobile home and condo, but condos may typically appreciate less than ...
Hi all,I am a New Jersey realtor and recently approached a contractor I know personally to see if they had an interest in partnering for some house flips. I have an LLC I would like to utilize for the purchase of the ...
And who typically pays...closing costs? title fees? title insurance? surveys? etc. etc....
Anybody have any experience in this area. I'd really like to find more information on this. Please reach out to me.
It's happening. Our first REI purchase on a single family buy and hold out of state. We will not make enough money this year that would lead us to want to open an S corporation or an LLC. I just want to get started so...