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Hi!I own 3 properties (5 units) in Arkansas currently, but I live in California. I would love to know if anyone has advice on where I should set up my LLC? I would like to do a couple of flips in the next 6 months and...
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I'm a U.S. citizen/resident thinking about purchasing my first real estate unit outside of the U.S. We're probably going to buy in the Caribbean.I want to figure out the best entity structure for me. Based on my initi...
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I need direction in underwriting a syndication deal with some business colleagues that want to invest in my real estate company. I have been a part-time investor for the past 5 years in the Jacksonville market growing...
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I came across a property that would cash flow as a STR in the Mountains of NC. As it has been listed for over 150 days, I inquired about terms and seller financing, which the seller responded as being open to it. They...
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I've got an offer in on a fixer upper that has 3 wall cracks. These cracks are 12-24inches and maybe 1/16th of an inch thick (just through the paint). They are half way up a cathedral ceiling in the great room. The...
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I'm at the point of considering a LLC for my 5 FL properties and 1 in AR but not sure how to structure. I have heard from colleagues that a LLC is a way to go but, I deferred creating one because I did not want to ha...
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Hi All. I am looking for some feedback on this possible opportunity. So, I relocated to Charlotte, NC from Chicago about 2 years ago and have been renting a condo in a pretty nice neighborhood located in downtown (the...
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I purchased a duplex to house hack and I've listed my current house FSBO at $219,000 with 3% commission for buyer agents. I've received a full asking offer from a represented buyer however the buyer is not able to pro...
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Is it possible to change the depreciation write off amount for tax purposes on a rental property? I was advised to use a 40% land 60% structure ratio applied to the purchase to figure out my depreciation amount (which...
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Hey everyone,
I'm looking for information on the best way to structure a lease option on a primary residence that I'm trying to sell. I've been contacted by a couple who is interested in the property and they inquir...