Carson Belknap
How to Structure Real Estate Company
Hello Everyone,I am in the process of starting a company and was curious what the community recommended as the best way to form/structure a business?My Situation:I currently own one home as a rental in my own name and...
Shawn D Augusti
Start-up cost tax deduction
I'm in the process of acquiring a second rental property. Can I calm/deduct start-up cost for this property if i add it to an exciting LLC which already holds my first rental or what that expense be considered "operat...
Jonatas Melo
Single family home with 2 units
What strategies can I implement to maximize rental income from my first property, which I intended to convert into two units ( Unit 1:Main house, Unit 2: Basement sun room) but cannot due to zoning restrictions? I hav...
Bryce Kennebeck
Creating a property management company to service my own property and I have question
So I own a triplex with 2 of the units being managed by a PM and used for Airbnb and myself living in the third and I have 20% equity. In the near future id like to move out and purchase another similar property but I...
Ryan Morlino
How to structure bank accounts and business vs. personal
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
Account Closed
Dumpster Domination
I was busy working on the early stages of a rehab minding my own business until I hired two contractors to help me. On their first day, I opened my dumpster and one of them who does REO clean-outs for banks was just f...
Tatiana Hunter
Finding a fair offer price
I have begun the search to find a mobile home park for an upcoming 1031 exchange however i am finding it difficult to land on a fair offer price.
My question is how do I o about placing value on each asset: Land, la...
Babu Ramadoss
Cash on Cash returns or Long term appreciation?
Hi
As I look to invest on real estate and try to decide on an area to invest, I am caught between two parameters : Cash on Cash ROI v/s long appreciation rate. Places that have a higher appreciation rate have a h...
Jennifer Koerner
Would Landlords find value in Landlord Consulting?
I have 15 years in real estate in the city of Chicago; 13 as a licensed broker and 2 years as a PM for a developer. I also spent 12 of those years managing our multi-family rental property in Lincoln Park. Between 20...
Will Boller
Sat - Sat or Fri - Fri weekly rentals
Hi forum! My wife and I have a disagreement. We have a STR that will be weekly during the summer, so that cleaning, etc., is more easily plannable for us. I think Fri-Fri rentals makes more sense, so that the tenan...