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Hello. I need to create an operating agreement for my rental property LLC. Anyone know where I can find a good template for a real estate opreating agreement? or can send me an example?
I was reading up about the BRRRR strategy and I don't understand how the refinance part works. Just wondering if I'm understanding this correctly. Thanks in advance!ExampleProperty bought: $75,000Renovations: $30,...
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I was doing some research on the taxes in Columbia SC and the 4% for owner occupied and 6% for investment properties and then the millage rates. I was wondering if anyone would be able to share their numbers or a good...
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I'm reading tons of threads and articles on Fix n Flips...I'm still not understanding the numbers.Look, I like to keep things as simple as possible...I feel like, we as humans have a huge problem making things more co...
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Do you base the cap rate on what you purchased property for: Or, is cap rate based on current market value of home?Also: is capital costs included in cap rateMy example:1. I purchased property for 25 k ( 10 yr ago)2 ...
Hi everyone,I'm starting this thread to get a better understanding on the limitations of refinancing out of private money.. I'm very close to making my first deal and through a fortunate connection I have found someon...
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So I'm a 21 years old learning the dynamics of real estate property holding and investing. I'm having a hard time understanding the BRRRR method and how your PML gets paid back. OK so for example...Let's say I need 10...
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I am fairly new to the real estate space, and am considering becoming an agent. My understanding is as an agent with a company (Century 21 for example), I am still considered 1099. Would it be wise at get a LLC? If...
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I have heard many investors invest in Detroit , Michigan Is Detroit really a block by block area meaning zip codes don't dictate in class neighborhoods? Is Detroit a good investment? homes don't seem to be in great sh...
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Hi,I recently ( yesterday :-} ) sold my rental unit (doing a 1031x). I owned the unit for many years and the units depreciation itself was already nearing the end of the depreciation. However, the flooring was just in...