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Newbie here. Just bought 1st SFH for LTR that is currently being renovated. I am going to get an LLC for business. Still deciding if I need to place property in it. I reached out to local attorney for LLC, rental law ...
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I just finished signing up for my Solo 401k account with Sense Financial. The service was incredible. As a business owner myself, I wish more people would leave positive reviews just as quickly as they would leave a n...
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Hello BP
Does anyone have recommendations for a bank or credit union to contact for a HELOC on an investment property, that does business in Ohio (where I am located)? Huntington used to, and I called a few other pla...
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I live in SoCal, and am getting into the biz of doing flips with my partner. We've started an LLC in Delaware, because we heard it was cheap (no lie, it is, and was easy), but I am wondering if we should keep the LLC ...
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Hi there,My name is Jake and I've been throwing my money away renting apartments in LA for the last 8 years.Although my parents have flipped house my entire lifetime back in Ohio, I've never purchased my own home. I a...
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After reading numerous posts here i have a few thoughts to share.
1. No wonder we are in a RE meltdown.Too many people are trying(& buying) that have NO money.Bad things happen guys.You need cash to smooth out th...
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Hello all and here's the scoop,
I plan on forming an LLC with my father. Hes in upstate NY, and Im here in South Jersey. I plan on getting my first rental properties in upstate NY closer to my father because the ar...
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"Tax-free refinance" is commonly touted as a great tax benefit of real estate. Is it true? Yes and no.1. The concept of BRRRR cash-out refi.It is the 3rd "R" in the notorious BRRRR idea: buy-rehab-rent-refinance-repea...
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I have $60K in student loan debt. I am interested in purchasing an investment property (I will live there) while renting out the extra rooms. After a year or more, I will move and rent all of the rooms out. Smart m...
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Realtor accidentally listed one of my properties on the market instead of for rent (one I had put a lot of work into) and the offers were well above what I expected. Could have sold with a 60kish profit but it was a m...