In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
Where is the best place to invest in Canada? I've heard a lot about Edmonton and the oil sands areas, but I'm wondering if there aren't some other hidden gems out there that you guys could recommend?
My big question is: Does it matter where the CPA and Asset Protection Attorney are located?Details: I live in Utah and own one duplex in Tennessee which I purchased earlier this year. I have never filed taxes as an in...
I'm a REI newbie from Alpharetta area and am active looking for an opportunity to get into REI.My goal is to start out with buying 1 Apt/Condo in Atlanta metro area and then scale further in coming years. My wife (IT ...
I am starting up my LLC with my wife and am wondering if we need separate LLC to manage the assets from the LLC as property investment?I have one property paid off and second property under a mortgage which I want to...
I am looking for some insight into how others are tracking their finances for doing multiple flips. We are currently using a custom-built system to track receipts and expenses by property, but are considering switchin...
Hey guys
I am an investor in Michigan and I work with the Laker Group. I have experience doing re-habs and other transaction types. The Laker Group is the largest buyer and seller of wholesale properties in michigan...
My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason. It made sense to me that basically the tenant can only go...
I am looking to purchase a property for $190k w/ 5% down fixed rate. Taxes are $6,800 per yer. It comes out to be about 1700 per month = $20400 per year. Take the taxes out it comes out to be $13,600 per yr. The mo...
With interest rates so low I am debating about re-fi'ing our home mortgage and buying some investment properties with the money. For simplicity let's just say the home mortgage is paid off. Let's say house is worth $...