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As a new investor, do you guys recommend I work on getting my LLC set up or is this something I can get along the way? You're help is appreciated!
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Hi BP, Has anyone used a turnkey company with financing in place to purchase RE in a SDIRA? If yes, which company have you used and would you recommend them?I recently heard about Ron Blum and Express Realty Company. ...
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Thinking of ways to make my Airbnb stand out a little more and I’m tossing around the idea of hiring a private chef for one night. Not sure how to go about it - should I bake that price into the nightly rate of the re...
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If there are a group of passive investors that contribute money to an entity (...without exchange of ownership interest) and that money is used to buy and develop land; what tax form are return of profits reported on,...
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Hey guys,Just had the displeasure of being featured in the NY Post.http://nypost.com/2016/04/16/non-bank-servicers-cr...It amazes me how reporters fall for the sob stories and completely ignore the most basic facts. I...
Hello folks! I have a question about getting a mortgage underwritten as a newly self-employed person.I recently decided to leave corporate hell and started a one-man, one-owner corporation. I pay myself a base W2 inco...
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Hello there,We've been around for about a year and a half, learning so much. I've been waiting to post about our experience this past year until it was finally over. We were so excited to find a multifamily property ...
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I purchased a home (not official but offer accepted, inspected and appraised, closing May 1)The purchase price is $269,900, and the appraisal came in at $291,000, which kinda shocked my agent and I. Does this mean I h...
The Seller is not being asked to bring a separate check to closing to pay the Buyer’s Closing Costs. This is a very common, simple Paper Credit at closing. Keep in mind, if a seller is willing to discount the price e...
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Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...