I am new to real estate investing and only have one property that is tenant occupied. First, I set up an LLC to protect my personal assets. Second, the lease is under the LLC and deed recently transferred to the LLC. ...
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*This link comes directly from our calculators, based on information input by the member who posted.First time home buyer.My initial plan is to house hack this property & add an exterior entry to all ...
My state is Missouri,
Can someone please explain to me the advantages of signing a marital waiver vs the spouse being on the deed of trust. We are in no way worried about divorce, everything I read on the topic ha...
I am looking into purchasing a property in FL that already has renters in units. There's additional space on the lot to build more--and I'd like to build one for myself as well as one additional rental unit. It seems ...
Hello BP,I am in the process of acquiring my first rehab property. I have built great rapport with the seller and have secured a purchase price that is well below the ARV. I have ran the numbers and the margins are ...
Is it worth talking to someone to start the tax planning convos if this is my current situation?1. I do not have rental property yet but intend to buy in 2025. Partner and I are planning to finance it together. 2. My ...
Let's say a person makes 11k a month and his/her monthly credit obligations add up to 5k monthly (this includes three mortgages). This person is essentially tapped out as far as debit:income goes. This person wants to...
Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord. Regardless ...
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
During the recent period of low interest rates I acquired some rentals with a 15% down payment in order to stretch my cash further toward down payments on additional properties.
This helped with the down payments and...