Miguel "Mike" Perez
LLC Schedule C or E?
Hi folks,Trying to figure this out and do the right thing while filing my taxes.I established an LLC to run my real estate business and keep it separate from my personal stuff.My leases are all under the LLC.Tenants p...
Nic Williams
My First 4plex in Fairbanks Alaska
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $400,000
Cash invested: $100,000
Sale price: $400,000
4plex in the heart of Fairbanks in a desirable are...
Eva Dees
Profitable First Deal in Altoona, PA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $3,000
Cash invested: $25,000
Sale price: $75,000
Purchased at judicial tax sale (my first time purchasing ANY ...
Eric Guth
Potential Canton Duplex-Need help with assumptions!!
Hi, I have the opportunity to purchase a duplex in the Canton area and I was wondering if people could help me narrow done some assumptions. Here are the detailsLocated right next to Patterson Park.200-215K purchase p...
Keegan Schaub
When can I Quit Claim Deed Primary Home Loan?
Hi! I’m wondering if I have to wait one full year before I can quit claim deed a primary home loan into an LLC. Also wondering if I need to refi to do a quit claim deed this primary home loan? I’ve heard you can lower...
Ibrahim Shaik
Newbie from California
Hello All, I just took a plunge into Rental investments. I live in California, bought a Rental Condo (financed) in Michigan. I already found tenants to stay at my new investment property. I was googling for some info ...
Robert Burns
1st Probate Deal
I was on vacation this weekend and was talking to someone who's wife is involved in a probate settlement of some property. He said they need to sell the house quickly and the attorney is asking $130K and the house is...
Becky Watkins
Not Yet Incorporated
We're just getting started and already found a property we like and can purchase. We probably won't have a problem finding a buyer, but the problem is we aren't incorporated yet. Our method on this was to seller-fin...
Brandon Duff
Do I have to wait till next year to invest?
I own my own business and as many self employed people do, they write off as much as they can. I've learned lenders don't like this.My W2 is $25,000K1 is around $11,000Car payment is $498Credit card #1 is $15 minimum ...
Kristi K.
DSCR loan without clear title?
I have a property that I bought on Dec 6 2021 at a tax sale for $70K in Shertz Texas. I put $64K into it, new roof, upgraded to 200 amp electrical, rewired 100%, all new plumbing, beautiful original hardwood floors sa...