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Good afternoon my friends,
Raphael Here, new investor, and when i say new, that literally means, this will be my first deal that landed in my lap and I can really use some help on this. (lol) So quick synopsis, i hav...
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I have two rentals, one in Missouri and one in Nevada- I need to open an LLC - I hear NV has better protection laws on properties- should I open the LLC there and create a serious LLC? I plan to purchase more properti...
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To anyone that has an LLC for flipping, can I operate as a single member LLC and still hire general/independent contractors? Or do I need to change the structure of my LLC and put the contractors I hire as employees?
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I am in the process of selling my ranch home property, and I've found a promising buyer. They're interested in paying 50% of the purchase price in cash and financing the remaining 50% through owner financing over thre...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $63,500
Cash invested: $4,000
Sale price: $84,000
We bought this property "subject to" the existing mortgage an...
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I'm looking at purchasing an owner-occ SFR for myself for first time in decades and am no longer a W-2. Multi-family DSCR's were much easier to obtain, I'm recognizing. I'm off from meeting the DTI ratio by a ways, a...
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I have a new real estate investment company that has a 50/50 or 40/60 split with my investors.
My question is, if I pay the investors out right away, they would receive their portion pre-tax. Will I have to pay the t...
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Hey BP - Ryan Cox!I'm from Austin and have been living in San Francisco for the past 3 years as the West coast director of sales for a technology firm. I don't have any previous experience working in real estate or r...
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I am looking to expand my real estate "empire" over the next five year. I currently have two units rented and will have two more available for rent by the end of the month hopefully depending on how quickly the utili...
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Hey Folks!I am a real estate appraiser and house hacker. I own a three-family in Manchester, NH and live on the first floor. My residential real estate appraisal practice is doing well; however, I am looking for a n...