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My husband and I put a contract on a home. During our home inspection, we found there was moisture in the basement and potentially mold based on our inspector's radar. He also noted the patch work around the foundatio...
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So right now I'm going for Petroleum engineering due to the fact that I work for an oil and gas company and I have a bright future with the company I work for that being said I'm purchasing my first rental property th...
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I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
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Hi @Geoffrey W.Glad we are connected and happy to answer any questions!------------------------------------------Love sharing tips and advice about buying and selling out of state. Sure, there are many details but as ...
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I have a question... What do you do after you got enough property?
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Hello Everyone,Backstory:My wife and I up until recently have been buying and renovating homes and then selling after 2 years or so to avoide paying taxes on the gains. Well it looks like this last reno will be the l...
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My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...
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I'll try to make this as short as possible, but I've got a question I can use some help with. I've got an extra $900/mo or so right now that I'm saving to buy my first rental. My plan was to "snowball" the profit fro...