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I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
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Hi,I will be completing multiple 1031 exchanges over the next 24 mths ( starting in June of 2024 ) and I am primarily interested in passive real estate investments as I am easing into retirement.I have a 30 plus year ...
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I wanted to know if its ok for me to start with a line of credit and/or a credit card. Line of credit interest rate is 9% of 50000. Credit card rate is 11% but 14 if cash advance, limit is 25000. I do now have a pr...
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I’m finally wanting to pull the trigger on getting another property, but this time the primary goal of turning the sfr into an Airbnb. Couple questions:1) Unfortunately there’s no cohosts available in the area and nee...
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I wanted to share my story...it's stories like this that kept me motivated and I hope it can do the same for those on the sidelines or those getting started.It's been 7 months and we are about nearly finished with the...
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Personally, I think the smartest person in the room, is the notes investor. Why? Deals need money, money needs security, and security needs yield. Within the activity of real estate for the purposes of ROI I would muc...
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After owning a bunch of rental properties, I realized that for Single Family Homes, your real vacancy factor is not necessarily 10%. Why? If you have a mortgage on the house, logically then, if it becomes vacant, y...
The one property is worth $400,000 she owes $168,000. I want to work out a deal where I am able to able to retain her interest rate of 2.75% while having it make sense for her as well. I have the ability to pay her a ...
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I have a tenant (great income, excellent credit) that signed a lease beginning June 2020. Am I being unreasonable to ask for first, last, and deposit now (Nov 19')?
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I vividly remember looking out of my bedroom window at the gleaming Devon tower in downtown Oklahoma City. We had just finished moving in and my wife and I were still caught up in the glam of living downtown. Our 725 ...