Hi,New guy here hope I'm posting in the right forum.
My question is for my Mothers rental business.She owns 12 houses free and clear.And has a large mortgage against her home.
I have been telling her she needs to sp...
Hello everyone!This is my first post/question on Bigger Pockets. I'm looking at 5 single family homes in Georgia. Price ranging from 45,000 to 90,000. Should I do an individual loan for each property or one big loa...
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Hello everyone. A friend and I want to get in to business together so we’re thinking of getting in to an LLC but dont know about how it works. We’re trying to figure out what is the best way to work together and go 50...
Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...
Does anyone know what the typical terms for financing a commercial condo are?
If you had $100,000 cash, how would you invest it in Real Estate. Would you try to buy an apartment complex, SFH, buy and flip? I'm just curious to see some different strategies used if there was some capital involved.
The more I research the concept of forming an LLC, the more confused I get. For the gist of my understanding, proper insurance should cover you for liabilities. But on the other hand, an LLC formed on a specific prope...
Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...
I have been managing my own properties, can I pay myself as a property manager? Set up a different business? Pay my wife?