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Should I open an LLC per property? Why?
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Hey everyone,I am hoping to gets some feedback on a concept I am launching. I have time to make some revisions so I am looking for a little help.I see a lot of opportunities missed by both investors and lenders alike....
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There's a chance I may be able to avoid using a trans funding company for wholesaling an REO I have a contract on. I was looking at having to do a double close, with trans funding for A to B, which will eat into the p...
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I live in California (with CA W2 income) but BRRRR in Tennessee. I'm looking for a good CPA who is also a real estate investor, that can help me with tax strategies. Multi-state income, 2nd residence in TN, have cou...
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If I read this correctly, it will end the exemption for hard money/private money loans. After July 1st, anyone who wants to give a loan will need to be licensed. Getting a lender license is no joke, it's a tough proce...
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I have read the books, I listen to the podcasts (plenty of time sitting in Los Angeles Traffic), I have used the calculators, I have contacted wholesalers, lenders, agents in prospective markets (setting up my core 4)...
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Hey Guys!
So I bought a 3 family in Feb. this year for $550k. I just refied and it appraised for $650k (Def. got a deal on it... it was off market!). It is still below market rents, but we are working up the cash flo...
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Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
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Hello,I have a rental property in NJ where majority of the mortgage is paid back and about $35K is pending on a $550K house. The problem I have is that I took a 7 year ARM at 3.5% interest which expired last year. The...
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Currently under contract with potentially my first rental property and just wanted to gather all my eggs on a basket.I wanted to ask what questions should I ask before hiring a property manager and a contractor? What ...