I am looking at a bank owned multifamily, 200 units in FL. There is no T12, just a rent roll. Does anyone have a method to analyze this and create pro-forma without T12 expenses? Does anyone have standard pro-forma ex...
Hey everyone, I have a home fully paid off that I live in, as well as currently rent out to one person. If I converted my primary residence into an LLC and then rented to myself (i.e., I'd still live in the house), co...
Hi all, just paid off my first rental property!! While that's exciting and all, I've been listening to a number of podcasts and doing some reading and I'm feeling a little exposed by having so much equity in a single...
I am currently renting one side of my Duplex and living in the other side. I’m collecting the rent into a business account which covers part of the mortgage. And also transferring money from my personal account into m...
I have an opportunity with a family member to jointly purchase a home for the family member to live in as their primary residence. They will pay all PITI and repairs while there. The home is in Arizona. I live in Cali...
Hi, if one already has a W-2 job, but at the same time has an LLC for rentals, can that personal still qualify for real estate professional?Thank you!
Working on establishing business credit and about to register for a DUNS #...... does anyone know if having real estate investing in our LLC Name.... would be considered more risky to DUNS ...and applying for busines...
Can anyone tell me the best options for real estate investing software? I'm looking for something that will work for profit and loss of flips, rentals, or wholesale deals. It would be great if it had the capability to...
Is it legal, per the IRS, to rent my primary home back to myself? I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but t...
Bought a house that sat vacant for a while and renovated it over the course of a couple years. Never lived in it, and much of the renovation I did myself. The area has a couple houses that were renovated and sold, ...