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What are the best strategies to use when using funds from a SDIRA I changed jobs and have money in my company’s 401k, but would like to use this money to begin my REI. Which strategies work best with these types of fu...
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My parents own 5 rental properties and are tired of dealing with them and want to travel. Originally, I was going to purchase the properties from them and continue renting them out. However, after speaking with a CPA,...
Hello friends, anyone run into this scenario. Just purchased a SFR in La Verne, CA. I have a legally built and permitted detached garage in LA County which meets all specs for ADU per zoning, fire, setbacks etc.
T...
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Hey all,My wife and I recently went under contract on a new home. Our intentions are to rent out the house we are currently living in. We want to start an LLC for the tax benefits of being landlords and managing the p...
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My current location is very expensive and rents don’t support purchases. I hear of way better deals in other States and would like to know how others evaluate out of State locations
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I stumbled across several lots in rural Michigan (near Alpena) across the street from Lake Huron and down the road from another large sports lake, that are priced around $1,500. For that price I wouldn't be opposed to...
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1) If I choose to create an LLC for each of my rental property investments, does each one have independent credit rating?2) If I do have an LLC, what are the advantages / disadvantages to having the LLC own the proper...
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So, I received my first guest in my property, and they are staying for 70 nights. The day they checked in, I get a notification from my Google Nest Camera that my battery is at 5%. Their stay just started yesterday, s...
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Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
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Okay. From the 50% rule to the .02 rule, this deal is great. It's 7 SFH that has combined rent for $2850/month asking for $125K. That's NOT a typo! HOWEVER, the "problem" is that the houses are in the hood. Now, ...