Hi Guys,Looking to do a BRRRR. Do you guys do the buy and reno in one LLC and then transfer to another LLC for rental income?
So we just bought an investment rental property in the name of our trust. Our management property person is asking if we want to rent the house in our personal names or the trust? Which one is better or it doesn’t mat...
This is for a property located in east point, GA.
We have a tenant that made partial deposit of cash into our bank account on the 5th of the month. (rent is due on the 1st).
We already gave the tenant 60 days notice...
I want to start flipping homes in Oregon and Washington state. Should I open an LLC or a corporation every time I purchase a home and want to flip it? I currently have a C Corp. that I want to utilize the money from t...
So when someone takes a heloc to finance the down payment on a rental would you figure/add that payment into the rental property calc to determine cash flow or am i missing something?
Hello BP,
I have multiple entities that own different properties and bank accounts with different percentages of ownerships. I currently use a spreadsheet to track my net worth because I can’t find an app that I c...
Does anyone have recommendations/best practices to share around income verification for retired/semi-retired individuals? What do you usually look for in lieu of a paycheck for someone who still works? Thanks in advance!
Background:
* I have an out-of-state investment properties
* I move around a lot (once every 3 years). I
* I am a buy-and-hold investor (20+ year hold time)
* I will soon be setting up my first/only LLC
* I am using...
I am a brand new investor, just bought my first duplex. I know there is a TON of options in tracking monthly cash flow. I want to make sure I’m using an affordable program for a small investor, but also allows me to g...
Everyone handles their payout process with homeowners differently. Below is what works the best for me. 1) The booking platform deposits the money into the owners bank account after each booking. I like doing it this ...