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While I am still working through the educational and saving phase of my investing journey, the main predicament I am facing for what to do next is where to invest. I am planning to stay around the Seattle area. Is it ...
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Step 1: Evaluate the Sponsor Team - Your Pilots:
Just as the pilot is crucial for a safe and efficient flight, the sponsorship team plays a vital role in your investment journey. A great deal can crumble with a bad...
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Is it OK to setup a Corp/LLC to manage rental property that I own personally? I use this LLC to manage expenses and for tax purposes. I currently have an LLC S corp to manage various residential rental properties t...
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Really thought I would have an easier time finding a consistent definition of this by googling.
Can someone lay out for me what of the following goes into the expense part of the 50% ratio?:
[/u]Hard, real costs (eg...
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I've done my own taxes the last few years. Used td's software and TurboTax free software. It was easy for me, single guy only 1 income from my day job. Now with 2 rental properties, I'm thinking that I should get my t...
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I am looking to purchase a 28 unit property and have a money partner. I am looking to either set up a partnership or a LLC. The idea would be that I would act as GP/manager of the entity and have him be an LP/non-ma...
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My property manager I use for a rental property that currently own has been helping me locate additional properties to purchase. I live out of state so everything I am looking at would be managed by him as well. Recen...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP,I'm working on my first BRRRR deal using Hard Money. I've been looking around fo...
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I received this information about a potential deal, but it is not adding up to me. The broker is telling me that 2 units rent for $800 the other 2 for $750 the asking price is 350000. But the rental owner statement i...
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Is this a deal or not?
I am looking for a longer-term rental The property needs a little TLC could be rented out right away or do some small TLS and get the higher calculated rent.
PP $310k GAR $25400 Total e...