Sharad M.
Accounting for multiple LLCs?
Hello all,
I wanted to see how you guys are dealing with accounting issues of owning multiple LLCs? Do you have a separate bank account for each LLC you own? Or you have a main bank account for the primary LLC and us...
Alex VanLemmeren
Purchasing my second rental
I currently have a rental property in Fort Collins, Co. I'm very interested in purchasing a second rental but don't have a lot of money for a down payment. I'm interested in doing a cash loan. Any tips or advice would...
Mica Moore
Property Management Company choose expensive vendor without approval
House was my primary but I moved out of area for a job offer. Turned it into a rental property & bought a new primary in new city. Hired a PM, who hired & arranged for a move- out cleaner. I get the bill a mon...
Cooper Meurer
Keep as rental property or sell?
Hello all! I am seeing opinions on my current situation. Hopefully, it doesn’t end up being too terribly confusing. I currently live in central Midland, TX in a 3 bed 2 bath single family home (1480 sq ft) with a valu...
Benjamin Gonzales
To sell or not to sell.
My current portfolio-
Home #1 Cache, OK, Rented out for the past 2.5 years (VA loan)
Home # 2 Lacey, WA, Primary home for the past 2 years on the 23rd of December (VA loan)
Zero cash flow
Option 1- Sell my home ...
Brick Biermann
Using Cash Out Funds to Purchase Primary
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Richard Griswold
No Primary Residence DSCR Lenders
Hello everyone, I’m looking to invest in single family and small multi family units in Columbia and am looking for DSCR lenders that do not require ownership of a primary residence. My wife and I are stationed in the ...
Christof Gardet
Starting out: Renting while buying?
Hey everybody,I guess ill try and bring you all up to speed with my current position. I would like to start investing in real estate I like the buy and hold models I have been researching. I do not own any real estate...
Hiten Java
Primary to rental depreciation
Hi all,
Had some questions about converting my current primary house to rental property.
Details:
2018 - Primary home since 2018. As per county records, land value was $190k and structure value was $474k, total val...
Sean Allen Fenn
Multifamily apartment syndicators: What went wrong on your first deal?
We’re just starting out investing in multifamily. Would it be crazy to assume that anything that could go wrong on our first deal, can be avoided if we recognize it? This may be anecdotal evidence, but what went wrong...