Kaitlyn Askey
Managing Properties for Parents, LLC or No LLC?
My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
David B.
Higher down payments against rates/recession?
Hi all!So I’m almost closed on my second SFH home deal here in Salt Lake City, Utah. I’d like my next deal to be a cash flowing deal (which the SLC deals are but just barely). My strategy at this point is to buy 1 new...
Joshua DeGroate
Moving into new home, renting out old home. LLC concerns.
Hey all,My wife and I recently went under contract on a new home. Our intentions are to rent out the house we are currently living in. We want to start an LLC for the tax benefits of being landlords and managing the p...
Lauryn Meadows
S Corp vs LLC for flips
Hey all! I'm wanting to get into multi families but I need some capital to do that. My thought is to do flips to fund multi families in the future.Do you guys suggest an LLC or a S Corp for house flipping? Should I se...
David Little
Two LLC related questions
1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
Trevor Ewen
Small Town Investing
Interested to hear thoughts from those with experience in very small town investing. My general mentality is very city focused. I have some new opportunities coming down the pipe in Buena Vista, Virginia. This is a ve...
Daniel Garcia
Cash on Cash return.
What would be a good cash on cash return for houses ranging from 100,000-180,000? With a 10-20% deposit.
David Maldonado
California ADU: Tuffshed / steel home kits
Hey everyone,has anyone tried to buy a large tuff shed or steel home kit and turn it into an ADU? There are tough sheds as big as 2 stories and 1000 sq ft. I also saw that home depot has a bungalow style 1000 sq ft st...
Darrell Lee
Toledo House Free and Clear What should I do?
On a whim, I bought this house sight unseen. I'm thinking I should partner with a flipper that wants to get started in the business or an experienced flipper to rehab this 3br/1ba house and then sell or rent it. In th...
Tristan Desforges
Moving, want to rent my house out - LLC or no?
Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...