Account Closed
Mother-in-law suite house hacking?
Hello everyone, I am trying to get into my first house hack and have been looking for multi family properties for over 6 months now in my area to no avail. Recently we switched our search to single family homes with a...
Michael Colella
Single Member LLC
Does anyone have any insight on setting up a single member LLC for flipping properties rather than rental properties? I have heard that S-Corp entities are better for the flipping method, but I'd rather set up an LLC...
Jonathan D.
Multiple LLCs and Handling Loans/expenses
Hi All,My partner and I have started our businesses flipping homes. We have our main LLC (call it LLC-1) and then each property we purchase and flip gets their own LLC (for risk reasons). We have a general loan for al...
Alex Fenske
Bookkeeping when managing 3+ flips at a time?
For those who manage 3+ flips at a time, I'm curious what bookkeeping software you use and how you keep all the expenses properly matched to each property. I use QBO for my corp books and Stessa for my rental portfoli...
Tee Cruse
Newbie from Lawrenceville, GA
Hello Everyone, My name is Tee and I'm new to real estate investing. I'm originally from California, but I've been in Georgia most of my teenage and adult years. I'm an accountant and I work for a local CPA firm. I at...
Matthew Hicks
LLC restriction from employer, does this solution work
Hello,
I have a single LLC that I've used to flip a few houses in, but I've also started to rent out some properties (I currently have 1 SFH, and will soon have another and a duplex). They are all in the same LLC. ...
Jessie Xu
Bank accounts without an LLC
I'm currently mixing rental transactions with my living expense in the same account. I really should stop doing that, but I'm not in a plan to set up an LLC. How should I properly set up my accounts?Should I just open...
Joshua Hill
setting up the busness
What is the best way to set up your properties? An LLC or Land Trust and what is the best way to get this set up? Also, how do you go about getting a loan for you next property? Do you apply with your own personal c...
Bo A Vanecko
Newbie Looking Towards First Investment Property
Hello all...I am new to the area and definitely new to investment properties. After looking at investing in properties for many years, i am finally at a point where i feel the need to move forward. My long term goal...
Account Closed
Bigger Picture. MF Units/SF Units (UNITS R UNITS!!!)
Ok so I am back in the saddle and I am looking at buy and hold real estate. I started my investing years ago as a flipper however now I am ready to purchase buy and hold properties. Since I have been back researching ...