Hello all! Been reading these forums and the rest of the BP site for awhile now and believe I have come up with a strategy for investing in real estate in the very near future. I hope to get a critique of the followin...
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Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...
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Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investin...
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I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers. My property is in Kansas City, MO and I need to verify income. Is that something I can legally ask the emp...
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Hi All
Forum Noob here, just curious what are your rules or requirements for profit/cash flow prior to making an investment on a multi-family unit? I'm currently looking at an opportunity to buy a 2 family f...
Hi Everyone! I am a newbie in the real estate business, I am in college but I have always been interested in Real Estate. I want to start off with Wholesaling as I have read that is usually where people begin. I have ...
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Could some help me out to understand this. I saw somewhere in one of the forums last night about this. Correct me if I am wrong but you use you IRA or 401k as collateral without actually move monies from it?
I'm a self-invested landlord w/ 10 units who wants to syndicate larger multifamily and commercial. What are the recommended steps I should take to my first syndication deal? Is it worth it to take mentorship/coaching ...
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Hello,
I am closing on a home in Panama City Beach, Fl. I have 2 partners that are putting in money toward all the expenses involved in purchase and startup of this property as a short-term rental. All 3 of us live o...
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This question requires a little background.Current LLC has four equal partners, each 25% ownership. For this example, we will call this LLC Homer, LLC. Homer, LLC currently holds five properties. One has a traditio...