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For an offer made by an LLC, will the banks accept a POF of your personal funds, or does the money actually need to be in the LLC's bank account at the time the POF is given? Thanks.
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Looking at a property to flip looks like a sweet deal...this will be my first flip with my spouse and we have difference of opinion on renovations.Is there any members out there that work with their significant other ...
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Hey there everyone. I wanted to share my story because it seems that this business, if done consistently, can be very lucrative. It has some room for error and you don’t need to be a genius to do it (as I have prove...
Hey everyone, I have a few rental properties and looking to add more to my portfolio. They are all owned personally and not under an LLC. I understand most of the pros/cons of having an LLC own my properties. Such as ...
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SEC published new guidelines for definition of an accredited investorhttps://www.sec.gov/news/press-release/2020-191
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My wife and some investors and I have built a profitable little side hustle buying and holding MF rentals. I self manage so I'm at the properties fairly often and get to know our tenants. From the beginning, my protoc...
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Hello,I will be closing on my first investment property in a few weeks in Buffalo NY and looking to acquire more in 2025 in different states (ohio, PA, Michigan), being a Florida resident, which state should I create ...
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Been doing a lot of reading about house hacking and using the BRRRR but I already like the house I live in and don't want to uproot my family (I wish I'd read more on it before we bought the house we're living in righ...
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Hello Everyone, You definitely need someone qualified, does not have to be a CPA, could be an Enrolled Agent or an attorney. Just make sure they specialize in tax and have significant experience dealing with real est...
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The reason for the umbrella policy is the business - it increases my net worth (so I'm a better lawsuit target) and it increases my liability (tenants, contractors, the neighbor who walked by and slipped on the ice). ...