Louise Whidby
Equity definition in RE
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Alicia Marks
QOTW: Do you buy your properties in an LLC?
Welcome to our question of the week!
We know there are lots of reasons to structure your business. With different goals and objectives it can be hard to decide what might be best. If you haven't seen our new polling ...
Tyler Hardy
House vs Condo Beach Rental STR
I'm looking into into beach properties as an STR but I go back and forth on whether or not to look for a single family house or a waterfront/beachfront condo. This would be for the sole purpose of an investment but I'...
Eric Mitchell
2 percent rule southern utah
I have a question about the 2 percent rule. This rule seems good but a little unrealistic. I'm sure this is possible in some parts of the country but here in southern Utah that seems a bit high. Does anyone have prope...
Account Closed
Switch home to LLC with loan
I have a rental that I purchased in 2007 and it is still at the bottom of the Marianas Trench. I see fish when looking out of the windows. The property is in my name, and I need to move it to an LLC for liability. I w...
J Berk
Mobile Home Park with 30 Units
Hey all! I've been reading the forums and enjoying and learning from everyones input for a few years now. I'm in negotiations with a seller and would love some feedback from you experienced guys. Here are the detail...
Jeff McRitchie
Hit 10 Mortages - How Do I Continue From Here?
My wife and I started real estate investing about four years ago. We like the buy and hold philosophy and have done 5 rehabs of foreclosures. We are in the process of obtaining our 10th conventional mortgage and our...
V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Matthew B.
Should I transfer rentals from LLC to personal name for loan?
I own several single family homes and a couple duplexes that are held in an LLC owned by myself and a partner. They're all rental properties.I've been trying for years to do the "BRRRR strategy" as it's now called - s...
Joseph Nguyen
Lowering DTI via SFH
Hey all,
I'm new to investing,. I currently already have a primary home, SFH, in which I rent by the room. I was wondering if I acquired another SFH via traditional investment loan, and either rented whole house/by ...