I'm trying to figure out the best entity for CA resident/investors that want to invest both in and out of state. I know a California LLC is required to pay 800.00 a year annual tax. I am already doing that with one LL...
I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?
We have tenants that for various reasons we would love to get rid of if we could. I was just able to get a hold of a previous landlord who told me that they broke their lease agreement with them, however on the renta...
Hello, I've been lurking here a while and this is my first post, I really value everyone's input! My husband and I are under contract on a condo in a mountain town, something we've dreamed about for a long time. We ...
Recently, the owner/landlord of the duplex next to mine reached out to me. He informed me that he recently did repairs to his roof and that apparently two roofers said that the pitch of my roof is channeling a large a...
Hello Everyone. Excited to be a part of this awesome group! I am looking to make real estate investments for cash flow generation, move to Spain, and work on the projects I am interested in. I've been in investment bu...
I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
I just came across an older thread about wholesaling in Florida that basically said it's illegal to get a property under contract then market and sell it without a broker's license. This has me concerned as I have th...
I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me. I've got a full time job and, for now, the rentals are supplemental income/retire...