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Hi All,First time posting on here but I have been an avid reader of the forums for a couple years. Great learning tool.I invested in single family homes in Houma, Louisiana from 2006-2009 and did okay, a couple rehab/...
Hello Everyone!
For the past 3 years I have been putting money away for my first real estate investment. I have been toying with the idea of buying a SFH in Riverside in order to house hack it and hopefully add an AD...
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And the goal is maybe around 70% cash flow and 30% equity growth, so definitely interested in more cash flow. Also, maybe a 40% risk profile, so some risk is fine, but rather be a bit safer.
Cheers!
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Hi can someone explain to me how a holding company works. I sat down with my mortgage broker yesterday and she told me after 4 doors i will need to put any more properties i buy into a holding company. I should have a...
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Hi!II am looking to buy a small apartment building in Maryland that it is owned in an LLC. The seller suggested to buy the LLC that owns the building to avoid paying transfer taxes.I can save some money doing this, bu...
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I am considering relocating to Nashville for a job promotion that would be a 20% increase in pay possibly more. I bought my first house 2 years ago for 255k 20% down at 6.375% APR. My payment with insurance & taxe...
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I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...
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I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...
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Hello everyone,I recently graduated from college and immediately started working my full-time job at a big 4 accounting firm in NYC. Real estate has always been a passion of mine and so I've started saving up for my f...
I'm going to form an LLC soon in Georgia and I want to focus on offering equity to investors in lieu of (OK...occasionally in conjunction with) private lenders. I want to structure the deals so that the investor recei...