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Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
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My question is when someone goes into a loan forbearance, why does the loan company put a suspension on payments?
My neighbor at one of my properties in PA missed 3 mortgage payments. Her mortgage company gave her a...
With stock investing I can spend a few minutes a month looking at stock prices and entering a buy or sell order in my brokerage account and earn 8% annually on average. To earn the same return with real estate, I woul...
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Some facts first
Just bought a 6plex apartment complex
Ordered 23 new windows and planned to install ourselves with some help from friends
Went to local landlord meeting and met other landlords and fire marshal, bui...
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This is in follow up to a recent post by Engelo Rumora "The Top 3 People Most Likely to Rip You Off in Real Estate Investing"Probably one of the more misunderstood words in construction is "general contractor". Based ...
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I've been trying to find great house to invest and flip for passive income for the last couple of months seriously. I have always been interested in land but my wife wants to solely focus on renovating homes for resal...
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I've been looking in my target area for about 6 months now (all on the MLS because I have access) and haven't had one opportunity show up where the numbers work out. However, last week I found a short sale on the MLS ...
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Wells Fargo Denied a Short sale that I was working on because they said the buyer is using Transactional Funding. They said he is an investor and is Flipping, so they will not do the short sale. Anyone have any input ...
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Hey Everyone!Big News and hopefully some helpful tips for anyone that’s new!I just hit “financial independence” with my two rental properties, 5 units total (living in one) at 24 years old. My monthly income just peak...
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My family recently purchased a Multi-unit in Chicago (our first). The basement unit was unrented but had two bedrooms, a kitchen and bath already in place. We wanted to make the space a lot nicer to rent to a family m...