Am I doing my math right?I found a place for around $130k. Mortgage with 20% worst case is $700/month. Research is telling me I can get around $1200-1400/month for rent. Here are the numbers:20% down = $26,000Overesti...
Hey everyone. I literally just wrote my introduction post, but I have a question and want to jump right in. I still need to establish an LLC to buy my first property, but I'm thinking about how I should finance the pu...
I live in California and I have some properties in Columbus, OH. I was thinking about creating an LLC in Ohio for future purchases since their annual fees are low. My new CPA is telling me that I'd also have to regi...
I've heard that landlords have to pay interest on a security deposit in some states. Is this true? Is there somewhere to find out which states this applies to?
Anyone experience making your tenants pay their annual rent upfront? Would it be feasible to partner with a lender that can offer them a 12-month lease/loan? We have about $250k in delinquent accounts and need to find...
Hi all. I previously owned/managed and did all repairs for a duplex I later sold in a divorce. (Originally purchased with a private lender who has since passed away.) Now I do repairs and property mgmt for my boyfrien...
I have posted on this topic before, but am seeking a fresh perspective. I am considering pulling out my 401k to use as seed capital for a few new flips. What are the risks, is this wise? Would you caution someone agai...
I've noticed some investors having some issues efficiently and accurately analyzing rental properties. I thought I would provide a reference below to help out some investors who are struggling to determine what's a go...
I know the debate is pretty split on this topic but me and my partner want to start an LLC before we start investing just as protection. Plus a lender we plan on going through requires us to have one if we want to mov...