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Hello all, I am interested in buying raw land at auction at far below fair market value with intent to "flip" the land at just below fair market value. How long would I want to hold the property before selling it in ...
After flipping a few properties and acquiring some buy and holds on my own I opted to start a LLC. However the LLC currently has no funds in the account and the bank told me that if I was to transfer any of my own mon...
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**This thread is for high turnover hosts. This is for bath towels, let’s not get off topic! At any one time, I have 75-100 bath towels in all my STRs. My biggest house with 9 beds had 9 towels in it until this morni...
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What we really need is for local banks to start doing commercial loans on investment properties (SFH) again.
I know some states are still doing these types of loans. But here in Illinois, our local banks have complet...
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Greetings all;
Just making sure I haven't missed something. I'm in CA and I occasionally have a housemate (renting a bedroom w/ full house privileges in my home; single person only). When they move out, and do not ...
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Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...
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I've never purchased anything other than a SFH, and I'm currently eyeing a few deals on 20-30 unit apartment buildings, which puts me into the realm of commercial lending for the first time in my life. For this scena...
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Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...
Hello,I am preparing to sell my property coming spring may be March/April 2022 and will be mostly out of station away from my family from January so I would like to get started prepping my home right away while I am h...
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Greetings all:We own 3 rental properties in the Dallas area, paid for free and clear. They are held in an LLC. Total value of all three is about $150,000. I want to tap the equity in these properties to build a rental...