Jj Ll
504 SBA Loan Eligibility - 51% Owner Occupancy
I am trying to determine whether to use the 504 Loan to purchase an office building. While I intend to use 51% or more for my business, I would like to know (from those who have experience with this type of loan) wh...
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my moms rental kitchen burned up-insurance pays too little
Hi all- what a cool website. This is my first post. My poor mom has 4 rentals, two with big problems. In one, the kithen is completely burned out and insurance will only pay 10, 000 dollars. Luckily my husband is a co...
David Disraeli
Privacy, Real Estate an LLC's
With a few mouse clicks anyone can find out where you live, what you own, your cell phone number, your relatives’ names, and more. A simple search of your local appraisal office will reveal what you own. The good ne...
Stephen Lofthus
Dun & Bradstreet Credit Profile
I am building business credit and I got a phone call from a rep from D&B telling me that I need to pay $499 to finish my profile with them..I already have a D&B #, so why do I have to pay to complete a profile...
Joe Stout
Running Income and expenses through an LLC
Hey everyone, I've been told a million times to start running my income and expenses through my LLC. What is the purpose of this? I am worried about running it through my business and then becoming less "bankable" to ...
Billy Farley
Anybody using a LLC with a business line of credit to BRRRR?
I am looking to do my first BRRRR that I do not live in as a primary residence. I have successfully rehabbed two homes and provided over 120k in equity from them. My idea is to form an LLC with my partner to qualify f...
Matthew Skinner
Looking for the best combination of marketing for my first wholesaling campaign
Hi everyone,As you can see I am pretty new.I am learning about wholesaling, networking, building a website, etc. here in Lynchburg VA. I have been listening to all of the podcasts and I have learned the following thin...
Justin Moy
The Passive Investors Due Diligence Checklist
As a passive investor your work is done upfront in the due diligence process. There are a few key items you need to check off your due diligence checklist before making an investment:
Due Diligence on the Operat...
Sandra Holt
Working with contractors
Unlike many investors, I've had wonderful luck with contractors and have a list of reliable, reasonably priced contractors. When looking to price out jobs, does it make sense to continue getting three bids on a job ju...
Bob Harris
Income or not?
Are the draws I take for rehab on my properties considered other income on my P&L statement or are they not included at all? My reason for asking is because all my expenses (subs, material, interest, and utilites...