Barshay Graves
Buying Property with LLC
My attorney said it was not necessary to buy property in the name of an LLC; that getting a high enough insurance policy would suffice? Any truth to this?
Michael Chwalek
Should I start a LLC to buy my 2nd property
Hey I am currently house hacking a home I own with my brother. I have about 50k aside and a 800 credit score but only made 30k on paper for the year. I’m worried I won’t qualify for a mortgage because of my income. Sh...
Priscilla Z.
Florida LLC Operating Agreement
I have been buying short sales and REO's for a while now and have never been asked for an operating agreement. I now have a BOA short sale asking me for one like NOW. I've googled them....to find 15+ page documents....
Rich Bultema
Selling house with ungrounded 3 prongs.
I bought this house built in the mid '50s about 16 or 17 years ago. For most of the house, I've done nothing but cosmetic updates and in doing so changed many/most of the outlets to a new color and in doing so, bought...
Andy R.
Deducting Laptop From Schedule E
Hi, BPHow do we deduct a new laptop on the Schedule E form?
As you may know, each property has a separate column where we can deduct the property's expenses like: Mortgage Interest paid, Taxes and Repairs.
Under wh...
David Rabinowitz
When to get pre approved?
Hello everyone. For the last two years I've been reading books, listening to podcasts, paying down debt (all DONE), and saving money for a down payment for my first investment property. I've decided my first propert...
Dabrielle Stevens
Excel Spreadsheet for tracking leads & meetings
I just started as a coordinator for a We ugly houses franchise. We have a really good area, leads are hit or miss. But the good ones, are great ones! There’s a certain sweet spot that we’ve been hitting lately, we wan...
Donna M.
Lease or no lease in Florida
Have a tenant with no lease for a decade. He does pay but may not pay the increase . I have nothing in writing. I inherited tenant. I will be finally raising rent $200. If he doesn't pay the rent increase, I will ev...
Shuai Zeng
Foreign Investor Question
Hi All, did a bit of a search on google, but still a bit confuse on this. Any Ideal might help me out here.
Now Currently, I'm investing in FL, and it's doing so so for me at the moment. My family been suppor...
Dave G.
What does partnering with a developer look like?
Hi everyone-Like a lot of people here, I am looking to get into the development side of Real Estate. I've read a lot on the subject, and the constant advice is to partner with a developer on your first deal to see how...