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I recently started investing in SFR's in May with a business partner; we formed an LLC. We both put in equal shares of cash and bought two properties. I liked it so much that I then lent our company another infusion...
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What are the average prices you all are paying for duplexes? Also how do you fund this? I’m new to real estate and I really want to purchase a duplex in New Orleans where I currently live but I don’t know the first st...
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Forgive me if I'm posting in the wrong place, but I'm stuck and I'm not sure where to turn. Any direction would be appreciated.
I'm certainly spending a lot of money, time, and miles on my car, but I don't own any pr...
I'm just starting out in the property buying business. My goal is to start out small. Acquire --> flip small/medium sized properties and build from there. If I'm a novice, which I am, should I try to take a cou...
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Hello,
I am not yet in a position to fully use the benefits of an LLC. However, I do plan to use one in the future.
Would it be wise to go ahead and set one up and start building business credit with a secured credi...
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I have a property I bought a year ago for $50,000, rehabed $15,000, now worth $100,000, current loan balance about $50,000. In theory I can refinance and pull $75,000 out doing BRRR strategy. Applied for conventiona...
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Most uncertain or fluctuating price items as far as entire development goes are Land and Sale prices, but other areas remain fairly possible to estimate at very early stage in project.Even then, Why does following are...
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This is not a rant but I could use some advice....I've owned my own business' for many years and understand that all business is competitive. I'm used to scrapping it out everyday creating something from nothing. I'm ...
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I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...
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Hello Everyone,
I have a tax question that has been bugging me because I cannot get a clear answer. So in 2021 my partner and I purchased 2 properties in our personal names on behalf of our business. Our business als...