I'm working toward buying my first rental property and I was wondering what were some things that people recommend getting set up prior to closing?For example: Should I get a business dedicated bank account and credit...
I have recently made an agreement with a private money source to fund my house flipping endeavors. They have decided to take a percentage of the profits instead of a percent return of money invested. As neither the fu...
Hello,Looking for insight of affordable accounting and business software for a start up company - covering everything that's needed in running a successful business in todays market. Hopefully someone can help - looki...
Our tenants have moved in their parents, who are not on the lease. There is limited parking at the property, and we don't want 4 adults in the property. Their lease says guests can only stay for two weeks. Does anyon...
I'm fine-tuning my criteria to optimize my deal funnel but need help creating GOOD criteria that yields results. My strategy is the BRRRR method, focusing on SFHs. I'm looking for SFH's that make great rentals (smalle...
I am a w-2 employee. I would like to start a side business for my wife and I to qualify for sd solo roth 401k. If I start an llc that executes regular marketing, wholesales some properties and completes some rehabs....
Burned out at your W2 job? Tired of climbing the corporate ladder? Starting a real estate business could give you financial freedom, but is it worth giving up the security of a biweekly paycheck? This entrepreneur thi...
HiI am having a hard time understanding how one should pay himself within a family partnership (LLLP).i have limited understanding in taxation*My accountant advised we have a salary paid by the entity, essentially mak...
What are the pros/cons to a 5% Conventional loan vs 3.5% FHA loan on 4-unit complex in DC? Also, just to note, it's a bit of a rehab property - probably 30k in renovations - but don't wish to do a 203k loan.Any helpfu...
I have two of my homes that are configured so I am responsible for utilities. Is there any thermostat I can purchase that is lockable or I can program to keep the temperature within a certain range?