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I purchased a home in Georgia a few years ago to utilize as my primary residence but just recently accepted a job in Florida. I've decided to turn the Georgia property into a rental but want to protect my assets by...
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Hello All, My name is Sean Molloy, I am a Production Manager for WDB Funding, a nationwide hard money lender. Ask me anything about hard money lending and I will do my best to answer! The purpose of this discussion wi...
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My Roth IRA owns less than 10% interest in an LLC that invests in commercial real estate. One of the projects of the LLC is now completed and we are ready to list it. Can I be the listing agent for this transaction si...
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I know STR income is treated as active by IRS (like a hotel) and I have S Corp. My accountant used form 8825 (rental real estate income for S Corp). Is this correct? I would have thought it should appear in a differen...
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I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
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Would love to chat with a broker - how you got into the biz, how it works, etc. I have referred many people to hard money lenders that I have worked with and had a good relationship with. This was just to be helpful...
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Hi!My husband and I just went under contract on our first property! It’s a duplex that has been totally remodeled. The units do not have a washer, dryer, or fridge. The units should rent between $1500- $1700 because t...
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Investment Info:
Single-family residence buy & hold investment in Colorado Springs.
Purchase price: $355,000
Cash invested: $5,000
Purchased this property as our primary residence with the intent...
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I am working on building a platform for matching (working professional responsible) roommates to each other to rent whole houses or larger apartments. Example benefit: $3500/mo long term for a 6 BR 3 BA furnished hous...
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I've looked on the forums and searched online to no avail. (What's new) I'm trying to figure out a way to gather the unit count number of apartment buildings in Phoenix. This would need to include the total count and ...