Zachary Karczewski
My First Ever Flip/BRRR and My Whole Experience w/ Numbers
Investment Info:
Single-family residence buy & hold investment in Raleigh.
Purchase price: $95,000
Cash invested: $148,000
BRRR'd this one at 5401 Live Oak Trail Raleigh, NC 27613. Bought 10/20/2...
Elizabeth Zelaya
LLC? Please help!
Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...
Mario Malpelli
Advice on if forming LLC for STR is necessary
Hi, have an accepted offer on a STR in which we’d form an LLC upon closing. Is this advised? Also can someone explain the due on sale clause risk in this case and how to protect
Account Closed
Hire Inspector or Just experienced walkthrough?
I am under contract for a house in Huntsville, my first purchase from a wholesaler - ever. I have a PM that I'm going to hire and he's very experienced in doing flips and managing properties, and when I brought up th...
Mark Forest
Where to keep security deposits
I have done a search in here and in Google to learn the Michigan rules on placing my tenant’s security deposit in a bank without results. I am a sole proprietor at this point. Can I just put it in my personal mone...
Keith Sehi
LLC for properties different states
I currently have a llc in Illinois but will begin construction for a str on kentucky lake. Can I put the kentucky property in my illinois llc or form a new one in Kentucky. I currently don't have anything attached to ...
Scott Po
LLC in Wyoming
I just bought my first property. I was given some advice to put the property under an LLC out of Wyoming as a liability precaution. Anyone hear about this? Pros vs cons? Thanks
Tim Kaminski
HELOC Investment Strategies
BP,Have acquired my first property February of 2018. Recently got a soft appraisal from my realtor and banker who told me they feel comfortable that I can get $50K out of the home to use on a new property. I'm in Ta...
Daniel Chen
Question regarding LLCs for my rentals
Hello everyone,I already setup a new LLC for several properties that was rented as our family investment property. I have not yet done with filing the quit claim deed but I talked to my lender and they are okay with i...
Account Closed
Can a person purchase a home with a Hard Money loan and live in the home?
Might be a silly question but I am new to this whole thing and need some advice. What is a hard money loan exactly and can one use it to purchase a home that they will be living in for good?