Austin Haygood
Banking & LLCs & Property Apps, OH MY!
I just recently purchased a duplex in York County Maine. I wanted to open an LLC in Maine, and am considering one in Wyoming. I am looking to purchase further properties in the area over the next several years. It a...
Benjamin Arritt
Rental Property Management Software: A Directory
A directory of rental property management software and applications that will help you automate and systemize REI passive income.
With a few notable exceptions, most of these we have not personally tried or vetted (y...
Will Coleman
Applying for a RLOC to flip houses
Howdy all, I am looking into applying for an RLOC (revolving line of credit) in order to flip houses in the DFW area. I am looking for some advice. I currently have two houses with some equity that I could use as coll...
Mahonri Bussey
LLC in Nevada
I am about to start my real estate investing career and I want to start things out on the right foot. I currently reside in utah but I have been looking in to LLC's, particularly those of Nevada. It looks as though N...
Stephen Jackson
New Western Acquisitions
I'm in the process of selling my first flip, I bought it from NWA. Does anyone know if there is another wholesaler that DOESN'T have a double close? Or perhaps I need to get better at acquiring properties on my own ...
Andrey Y.
Initial vs. Refi as the source for depreciation deduction
Quick question for you folks. Say a property was purchased in 2011 as a primary residence, was placed in service as a rental in 2016, but was also refinanced in early 2016. How would you go about calculating your cost...
Tyler Kastelberg
Everything You Need to Know About Commercial Real Estate Leases
Listening to experts talk about commercial real estate leases is like listening to someone speaking in code. You understand the individual words, but the terms have some special meaning that is impossible to decipher,...
Patrick Rowe
Rental Properties rental Interest Rate
I just got a quote from our lender on a rental property. Is this typical with what you guys are seeing in your area? Also are you guys getting a better interest rate?5 year balloon at 5.711 interest rate Amortized ov...
Parthenia Holly
Buy house with cash and sell it to my business with a loan?
Hello all,I have 3 STR’s ready and a business. I am looking at a foreclosure. Is it possible to personally buy it with cash and sell it to my business with a loan? Is it a waste of closing costs, etc to do this? I jus...
Troy Pauls
Tracking Expense for Real Estate Business Before Business Account
Hello All, I have been working on my real estate business for the last year. However I have not had a business account and have been using my personal funds and Amex for my expenses. So I need help understanding how t...