Who would you hire & why? 1). The 24 year old kid that took a leap of faith and skipped college to pursue his dreams. He’s knowledgeable about about real estate and has 4 years of experience with not only maintain...
What would be the better choice on doing a flip or a rehab for a rental a heloc or hard money loan?
As a owner of multi-family properties, it's essential to strike a balance between maintaining profitability and providing fair and affordable housing for your tenants. I have struggled, however, learning when is the b...
Hi all!
Do you implement Holding Deposits for your properties? If so, what are best practices for implementing in the State of MO?
I have read that if you work two full time jobs, if you work atleast 2 years and have maintained that position for 2 full time, then your income is the total you make combined. But the rules say, lenders will only con...
I recently created an LLC back in February and have questions about taxes and bookkeeping, such as do I absolutely need to have a business account or is it ok to spend from a personal account so long as you're keeping...
Question:
Since I don’t want to put a bunch of money into a nice farmhouse like my wife wants because it will be a liability that We won’t have the time to maintain, can I do this:
Start an LLC specifically to put a...
Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
How can we say that the appreciation I am getting on a MF property is good enough to sell the property? This is important to consider as part of the exit strategy. Can we determine something like appreciation factor o...
We have a condo rental in a building which burned down end of August '18. HOA has been requiring payment of $100+/mo. of HOA fees, despite the property being completely uninhabitable, fenced off, demolished, and fina...