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Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?
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As investors we seem to have "formulas" or rules of thumb to help us through our decisions. 1% rule, 70% ARV, etc...Anything that helps you quickly decide when a short term rental is better than a long term rental?I ...
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I have a difficult tenant who I gave 30 day notice of non renewal on his month to month lease, moved out 1/2/16 (2 days late). He and his family have been very difficult with the move out; his son has told me he wil...
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I am ready to purchase my first investment property but am nor sure which professional to begin with. Do I try to find a lender first to see what I qualify for? Do I start with an investment friendly realtor to help ...
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1) My CPA Firm / Tax guy is *excellent*.2) Two years in a row (2019 and 2020), I've had a non-tax related issue come up during "tax season" where I needed CPA/Tax/Accountant advice, and was given a "too busy" respons...
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So I’ve been working with a realtor for the past few months that I know from childhood. He’s a great realtor in my opinion, I’ve watched him grow into what he’s built and it’s impressive, I’d say he’s in that 20% cate...
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Ive been re- looking at all finance options for flipping and multi units. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Companies... Ive used banks, local portfolio banks, credit unions & l...
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Very soon I will be beginning the process of purchasing my first REI property.
Important back-story information:
I have a full time job as an engineer and currently work in Colorado. I will be purchasing...
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My husband and I are hungry to jump in the world of REI. We've been learning via books, seminars, REI classs, etc.
We have between the both of us, student loans totaling $120K, and no extra income.
...
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Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...