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Hi all,I have a triplex rental property which I do not live in. I wish to do renovations on it. The lenders I've spoken to do not offer HELOC or home equity loans for triplex rental properties. I've only found cash ou...
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I have read other threads like this but I still can't seem to figure out what to do...I have 3 rental units. They all cash flow $300-$500 a month. Each tax season I input all of my income and my deductions/repairs/exp...
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Looking for some advice here - any input is appreciated!I live in one unit of a duplex. The landlord is an older couple, who live in Florida. They only rent out 1 unit and keep the other one open for when they come ...
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So we are still up in the air about starting an llc. We plan on meeting with an attorney this week. Any advice would help. four of us as equal partners. Looking to buy our first property soon and hopefully add one...
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Hi All - I am looking to set up a small fund of 2M to 3M focusing on buying 1 - 4 units. In my market, the value is about 120k per unit. In your experience, who is the best type of lender who understands the fund mode...
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Question to current Home Owners,
Has anyone put their home into an LLC or other kind of entity for asset protection or
tax benefits ??
I just bought a single family home and was wondering if i should put it i...
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Hi BP I know my local area pretty well from living here. I know what areas are crime-ridden, and what areas have the best schools. I feel like my analysis of locations is more subjective, and reliant on my personal ex...
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Good Afternoon,Questions, 1. if you have a self directed IRA and it has been rented to the same person for 10 years, and now the person wants to buy it, can you give them credit for some of the rent paid over the yea...
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Hello all. Next year I want to begin the process of buying my first multifamily unit, which I want to live in one unit. But all my money is in IRA's and other money funds, and I think I'm going to need to tap into tho...
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Hey, for anyone who's hired an online person to make cold calls to find property owners. How do you know the "cold caller person" actually called those property phone numbers and not faked everything? That's my only c...