Shawn Dandridge
LLC For Every Property
I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...
Karelyn Cruz
Congress Heights, Deanwood or Hyattsville?
First time home buyer here. My husband and I are looking into buying a 2 bd/2 bath house or townhouse (no condo) close to metro (we dont have a car) in the near future. Our our budget is ~$350K which limit us. We have...
Jacob Graul
Why I am scared to be financially independent?
Ok, this is going to sound very different but.....I am not quite exactly where I want to be with my goals yet at 26 years old (10k a month cashflow on PAID OFF properties) [NO DEBT] but I am however VERY VERY close. I...
Yossi Barazani
Got a letter saying that the house I just purchased at a trustee auction is cancelled.
I purchased a house in a Trustee sale auction a week ago. Three days later
I received a letter with the funds returned and no other explanation.
I called the trustee office and my understanding is that they decided t...
Chuck VanDyne
I won’t invest in rental property in my Self-Directed IRA!
I won’t invest in rental property in my Self-Directed IRA!Yes, I said it! In most cases, it isn’t advantageous to invest in rental property in with my Self-Directed IRA. Since there are a number of prohibited transact...
Brandon Sexton
Small Town Investing
I currently reside in Des Moines, IA and aim to purchase small multi family properties 4-20 units. I believe that Des Moines is a great market but many others are also starting to notice and invest here. Because of th...
Manmit Singh
Stuck with Lead affected property
Hi,I am stuck with Lead affected property for over one year, it is marked lead affected by health department in Youngstown, Ohio. Without fixing it we can't rent and also no one wants to buy. only thing i want right n...
Steve Londeau
Stocks - Big mistakes you've made?
Ha! I'm NOT a stock investor. I gave it a shot, and well, let's just say I should stick to real estate!!
Bought a little ADR - "SAY" Just google it, and laugh at my misfortune. Basically, the Indian version of Enron...
Nathaniel Donnelly
Should I sell my Rental SFR in San Diego?
Hello all! Been a while since I've been on, but I'm looking to get active once more.Situation: My significant other bought her house in San Diego in 2006 and survived the 2008 crash by refinancing with an ARM that had...
Chelsy C
Flipping properties without LLC
What do you guys think flipping houses without LLC or an entity? I have flipped 5 houses with my personal name, and a little worried about the liability. I would like to hear from you.