Those of you that hold your rentals in an LLC? How do you do it? For various reasons, I would like to, as I buy rentals, have them in the name of my LLC. I know some people disagree with that idea, but it is somethi...
Hello my name is tom. And over the past year and a half i have done countless reasearch, watching videos, and reading books ok real estate. Im really motivated to get started. But im very scared to form the snowball a...
What are the (realistic) qualities of a good client?
We are ready to start investing in real estate and will be looking for an agent. We want to make sure we are the kind of client that a great agent wants to work wi...
As STR becomes more popular, common BNB area prices seem to increase making 2% rule more difficult to find. Anyone have strategies for finding properties that cash flow? Is it finding off-market deals? Or is AirDNA da...
I have been living in my current house for 9 years, about 5 months ago, I refinanced the loan for a better interest rate. My company recently moved to a different location and I would like to rent out my current hom...
Through some direct marketing, an Executor of an estate reached out to me to sell his dad's house. The son doesn't want to continue making the mortgage payments and is open to selling subject to the mortgage balance a...
Has anyone had experience, or even success, using a FHA 203 loan to flip a home? It seems the rules are pretty vague on using that loan to start off. Can I make it my primary residence while I rehab the place, then se...
Both parents are dead now and the house is held in a living trust that I am co-trustee of with one other sibling. I need to pay out 4 other sibling's interest in the home and am going to move into the house. I'd like ...
I am puting the pieces in place in order to control my own destiny and create wealth via REI in my home state of Colorado. I am preparing to get my RE license and as a numbers guy (accountant) I'm even considering a m...
Hello,
I wish to know what are some best practices to depreciate an owner occupied two unit property is it by square footage or per unit? More often than not the square footage of the each of the units of a two famil...