Roman Pineda
My first investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $363,000
Cash invested: $16,000
My first Investment, Singe Family Residence, I noticed the house came with a detat...
Zeriet Woldeab
Areas to avoid and to focus in Indianapolis
Hello Everyone!
As I begin my journey into the Indianapolis real estate market, I'm curious to hear from those of you who have experience investing in the area. Specifically, I'm interested in learning which neighbor...
Account Closed
Tile roofs in Vegas: tile lifespan vs underlayment (30lb felt)
Many Buyers in Vegas & Henderson believe tile roofs have a lifespan of 50 years. While this is partially true because the tiles themselves have a lifespan of 50+ years the paper underlayment that provides the wate...
Claudia Becerra
Advertising for rent during renovations for tax deduction purpose
I once read an article here recommending to advertise your property for rent prior/during renovation in order to be able to deduct those expenses during that same tax year. I cannot find it. Can someone please refresh...
Asya Evans
The goal of seller financing
Is the ultimate goal of seller financing to refinance out? I’m assuming a seller won’t want to hold a 30 year mortgage and also the interest rate on a seller financed loan will be particularly high, correct?
Susan Barlow
STR Insurance - what is best?
My husband and I just had our offer accepted for our first STR. We currently have one LTR. As I am researching insurance for STR, is it better to go with Proper Insurance, who claim to be the only STR out there (I h...
Patrick Shep
LLC For out of state investment
I’m currently living in Maryland and I am looking at investing in properties, out of state.I need to set up an LLC and was wondering if I need to file in Maryland or do I do it in the state I will buy the property in...
Thomas L.
Series LLC for asset protection vs. multiple LLC's
Want to purchase SFH rental properties out of state (live in NJ) and want safe asset protection in affordable fashion without setting up an LLC for each property and heard about series LLC with "child" LLC's for each ...
Bob Evans
How to hire (W2 or 1099) to maximize tax savings?
I have a question about the best way to hire my son to maximize tax savings for the both of us.
I am retired and have an S Corp from back when I used to be a travel agent. Now my only income is from rental propertie...
Javier Rosales
Lower cost of capital
Hey BP, is it better to get a mortgage loan with points to buy down the cost of interest, or no points to not have high closing cost?