Jody Powell
House Hacking via Airbnb
Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
Jonathan B.
Multiple bank accounts on LLCs ? holding structure question
Hi Guys,Currently own multiple properties (Sfr),they are spread out into various LLCs, having couple of properties in each LLC.these LLCs are all owned by and a subsidiary of a 1 holding LLC.Rent is currently flowing ...
Steven Skinner
Owner-Financing: Seller Carryback vs. Land Contract
So...I've been reading way, waaaay too much about the subject of owner-financing within too short of a time-frame over the past few days. All of the facts and technicalities are starting to run together in my head. Yo...
Heidi Thompson
Just starting, seeking any advice
Hi everyone, my husband and I finished reading "Rich Dad Poor Dad" last month, and since then we have been watching youtube videos/listening to podcasts every day about investing. I also signed up for an online Robert...
Account Closed
Asset Protection with an LLC
Hello all,
I am interested in the topic of asset protection via an LLC. I am also interested in all of the tax benefits/advantages associated with claiming business expenses, so…. forming an LLC for a rental ...
Curtis H.
Got the Deed Sub2, Now what?
Hello all, I already have another post about this deal, so I won't get into the specifics. Basically I have the deed and it's closed. Sellers will be out in 3 days and I just want to make sure I get my checklist right...
Andrew Campbell
How we went from 0-72 units in 4 years
A couple of weeks ago, I shared a success story celebrating the fact that I quit my job and closed on a 202-unit the same day. A big reason I was able to do that was the fact we had built a 72-unit portfolio over the ...
Keila Pritchard
Can you self manage a STR from afar?
Basically, my wife and I are military and moving away soon. For two reasons, (1: our house is probably bigger than what most military families in the area are looking for. 2: our private room on AirBnb has been relati...
Stefan Ujkic
“Subject To” deal , first investment questions
Hello All, I’m trying to buy a triplex for $600k. Owner has a mortgage of $300k @3.375% and will carry $100k @ 2% if I put $200k down. Owner wants ballon payment of total balance in 12yrs. Current rents total $3500 mo...
Zachary Corum
Financing using an LLC
I am actively looking in my market (North East Pennsylvania) for my first buy and hold property. To be prepared I formed an LLC to hold the property once I find it. I am primarily looking at duplex, triplex and qua...