If I sell my relinquish property under my name and I do a 1031 Exchange also under my name, can I change my 1031 name into a LLC without a penalty? Should I put my requish property under LLC before I do a 1031?
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Appreciate in advance for advice. I plan to re-new lease but unsure how to deal with deposit and last month's rent. I have 3 great tenants who are roommates - who also paid last month's and deposit in '15. One of them...
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I thought I would post a few comments on this subject because so many investors have trouble with this subject. The reason in most cases that this is a difficult topic is mostly for 3 main reasons1. Lack of confidence...
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I have several questions as I try to finalize my analysis procedures.1. When analyzing a deal do you look at cash flow per unit after debt or cash on cash return? I ask because I've seen people saying they like $100...
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Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
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Hello Guys
I am just starting out and I have no property as of yet.
I have a question about ROI. What % of return should I expect to get?
I was thinking if i can get 10% return on cash purchase de...
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As I've been telling more and more friends and colleagues about my REI journey, I've gotten more and more offers from these individuals to be money-partners in future deals. While I'm not quite ready to jump into part...
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I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
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Hey BP.I was wondering is there a way I can refinance 2 properties that I have which are both free and clear WITHOUT a job. I looked into a hard money loan which based off an individuals' assets in total and it is a 3...
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I was contacted by someone on Zillow wanting to use my rental home for short-term rental property management listed on AirBnB, VRMO, etc. Has this happened to anyone else?